NewsSignals AI analysis·Via WU_BLOCKCHAIN·Oct 24, 2026

Argentine Judge Drops LIBRA Criminal Probe Against President Milei and Hayden Davis

Grade Bbullish AI signal

An Argentine federal judge has dropped the criminal investigation into President Javier Milei, his sister Karina Milei, and Hayden Davis over the LIBRA meme coin scandal, citing insufficient evidence of fraud. The judge said Milei’s X endorsement may have amplified LIBRA’s launch but did not itself establish a fraudulent scheme, despite previous reports that eight wallets linked to the creator withdrew approximately $99 million in cryptocurrency. The decision could ease some legal uncertainty surrounding LIBRA, though scrutiny of the token’s collapse and reported withdrawals may persist.

Bullish strength: 58/100

Criminal investigation into Milei, his sister, and Hayden Davis dropped.
Judge found insufficient evidence of fraud.

Bearish strength: 42/100

Eight wallets linked to the token's creator reportedly withdrew approximately $99 million in cryptocurrency.
LIBRA's price collapsed after Milei promoted the token.

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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