TREE NEWS update: Judge Marcelo Martínez de Giorgi dismissed the LIBRA memecoin case against Argentine President Javier Milei and all 11 people under investigation, including Kelsier’s Hayden Davis, siding with prosecutor Eduardo Taiano’s finding that the facts fit no crime. The ruling is not yet final.
Argentine Judge Dismisses LIBRA Memecoin Case Against Milei and 10 Others
AI take
The dismissal turns on a prosecutorial finding that no existing crime fits the conduct, not on a finding that the conduct was benign — a distinction that matters for how token-promotion cases get framed in Argentina. It lifts immediate legal pressure on Milei and on Hayden Davis, but the ruling is not final, so the case's procedural path remains the live variable. Whether the no-crime theory holds on review is the open question, and it will shape expectations for how similar promotional disputes are treated.
Generated by AI for reference only.
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