Ongoing Court Cases Involving the Promotion of Libra in Argentina

As of February 2025, there are significant legal developments revolving around the promotion of the cryptocurrency $LIBRA in Argentina. The key figure entangled in this controversy is none other than Argentinas President, Javier Milei.

Investigations into President Javier Mileis Conduct

Judge María Servini is currently leading an investigation into President Mileis conduct concerning the promotion of $LIBRA. The investigation is focused on allegations of potential fraud and violation of duties. This probe stems from concerns that cryptocurrency may have been used in fraudulent activities that breach the duties of the president.

Fraud Charges Against Milei

Further complicating matters for President Milei, fraud charges have been officially filed against him in criminal court. These charges allege that Milei was involved in an illicit association with the intent to commit fraud. The allegations suggest that the promotion of $LIBRA was not only irregular but potentially part of a larger, illegal operation.

International Legal Actions

Adding to the mounting legal pressure, international law firms are stepping into the fray. These firms are in the process of organizing class action lawsuits on behalf of foreign investors who suffered losses due to the promotion of $LIBRA in Argentina. This move indicates a growing concern from the international community about the handling of the $LIBRA cryptocurrency in Argentina.