Did the judge find fraud in the $LIBRA case?

In Buenos Aires, a federal judge dismissed the criminal case against President Javier Milei and his sister Karina, who serves as secretary general of the Presidency.

The memecoin's price spiked after Milei's February post, then collapsed, and investors lost at least $100 million. The judge held that losses and price swings alone were not enough to prove fraud.

He also found no proof that Karina was paid for arranging meetings. In his words, “Facilitating a contact or helping organize a meeting is not, in itself, equivalent to selling influence.” The ruling closes only the criminal case; the civil suit and the congressional inquiry remain.