FeesSafety
Pluang+

Argentine court clears President Milei of fraud in Libra meme coin case despite $110M investor losses.

Market News
23 Oct 2026
Bitcoin
View Source
Neutral
Argentine court clears President Milei of fraud in Libra meme coin case despite $110M investor losses.

An Argentine court acquitted President Javier Milei, his sister, and others of all fraud charges related to the 2025 launch of the Libra meme coin. The court ruled there was no evidence of a scam, noting that Milei promoted the token personally without abusing state power. Despite 40,000 investors losing $110 million, the volatile nature of meme coins and lack of promised profits meant no fraud was proven. An independent trust will distribute the token sale proceeds as business grants to Argentine entrepreneurs, resolving the case domestically and following a similar dismissal in the U.S.

Argentine President Milei's acquittal in the Libra crypto case comes as 33 of 50 major cryptocurrencies on Pluang rose today. For readers following cryptocurrency markets, here is Pluang's snapshot as of Oct 24, 2026 05:21 WIB: YFI (Yearn) traded at Rp39.776.295 with a 1-day change of +2.84% and a buy order activity of 67%, COTI at Rp200 with +2.29% change but 84% sell orders, and CRV at Rp6.465 down by -2.19% with 60% buy orders. This reflects mixed investor sentiment across different tokens.

More News

Remittix raises $33M, burns 300M RTX tokens, as XRP Ledger update sparks $10 XRP price talk

Remittix raises $33M, burns 300M RTX tokens, as XRP Ledger update sparks $10 XRP price talk

Remittix has raised $33 million and will burn 300 million RTX tokens, reducing supply by 20% ahead of public trading starting November 24, 2026. This token burn and near-cap funding boost scarcity and investor interest. Meanwhile, the XRP Ledger's No...

Market News
Bullish
22 minutes ago
XTransfer debuts at Money20/20 USA to boost cross-border B2B payments in Latin America.

XTransfer debuts at Money20/20 USA to boost cross-border B2B payments in Latin America.

XTransfer, a leading global B2B cross-border payment platform, made its first appearance at Money20/20 USA 2026 in Las Vegas to accelerate its expansion into Latin American markets. The company recently completed regulatory registration in Chile, ena...

Market News
Bullish
24 minutes ago
Kelvin Veras Real Estate closes 16 deals in first year in New Jersey market

Kelvin Veras Real Estate closes 16 deals in first year in New Jersey market

Kelvin Veras Real Estate completed 16 real estate transactions in its first year operating in New Jersey, including sales, purchases, rentals, and landlord services. This milestone highlights the company's successful market entry and diverse client s...

Others
Neutral
1 hour ago
Documentary 'NURSE: Empathy Heals' spotlights nurses' stories and empathy in healthcare.

Documentary 'NURSE: Empathy Heals' spotlights nurses' stories and empathy in healthcare.

The documentary 'NURSE: Empathy Heals' premiered on October 21 in Nashville, showcasing personal stories of nurses and the critical role of empathy in healthcare. It highlights the emotional challenges nurses face, especially during crises like the C...

Others
Neutral
1 hour ago
Oxford Square Capital sets Q3 2026 earnings call for Oct 30 to discuss financial results.

Oxford Square Capital sets Q3 2026 earnings call for Oct 30 to discuss financial results.

Oxford Square Capital Corp. announced it will hold a conference call on October 30, 2026, at 9:00 AM Eastern time to discuss its third quarter 2026 earnings. Investors can join the call via a toll-free number, and a recorded replay will be available ...

Company Fundamentals
Neutral
1 hour ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App