NewsSignals AI analysis·The Block·Oct 24, 2026

Argentine judge clears Milei and 10 others in LIBRA case, finding no ‘criminally relevant deception’

Grade Bbullish AI signal$LIBRA

An Argentine federal judge dismissed the criminal case against President Javier Milei and 10 others over the LIBRA token, finding insufficient evidence of criminally relevant deception. The ruling followed the prosecutor’s request for dismissal, despite LIBRA’s market cap exceeding $4.5 billion before collapsing about 95% and eight team-linked wallets cashing out $107 million, according to onchain analysts. The decision could ease immediate legal uncertainty surrounding LIBRA’s promotion, although investors seeking reinstatement as plaintiffs may still pursue a path to appeal.

Bullish strength: 55/100

The criminal case against Milei and 10 others was dismissed, removing the current criminal proceedings against the investigated individuals.
The judge found that the evidence did not establish criminally relevant deception.

Bearish strength: 45/100

Investors are seeking reinstatement as plaintiffs, which could create a path to appeal the dismissal.
LIBRA previously lost about 95% of its value within hours of its rise, while eight team-linked wallets reportedly cashed out $107 million.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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