Argentine Judge Dismisses Crypto Case Involving President Milei and Token Launcher
What happened
An Argentine federal judge dismissed the LIBRA case on October 23, 2026. The ruling cleared President Javier Milei, his sister Karina Milei, and nine other individuals, including Hayden Mark Davis, who launched the cryptocurrency token. The judge ruled that the facts under investigation did not constitute a crime.
From riotimesonline.com
Why it matters
The dismissal ends a criminal inquiry into the president of Argentina, a country whose bonds and New York-listed shares are held by many US investors. The ruling followed requests for assistance from Argentine investigators to US authorities regarding the token launched by Hayden Mark Davis.
From riotimesonline.com
Who's involved
- Javier MileiPresident of Argentina, whose case was dismissed by the federal judge.
- DavisUS businessman who led the launch of the cryptocurrency token at the center of the case.
- Julian PehSingaporean entrepreneur mentioned in connection with the case.
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The entities involved
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Argentina
country in South America
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Javier Milei
economist, politician and president of Argentina since 2023
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Davis
British association football player
Related events
- On September 4th, President Milei of Argentina was involved in the Falklands dispute, while Donald Trump signaled support for Argentina's claim. Keir Starmer criticized Trump's stance.
- Donald Trump openly backed Javier Milei ahead of Argentina's midterms, coinciding with US consular service suspensions.
- Javier Milei promoted the $LIBRA token, which is now the subject of a criminal investigation led by prosecutor Eduardo Taiano.
- IMF official Gita Gopinath discussed President Milei's leadership and the implementation of austerity and fiscal policies in Argentina.
- Diplomatic tensions rise as Argentina's President Milei backs Bolsonaro's presidential bid while Brazil recalls its ambassador to Argentina.