US Court Verdict Reveals Surprising Details On Argentina’s LIBRA Meme Coin Scandal
A US court rejected a seizure request by international investment funds that sought to link crypto funds linked to the LIBRA scandal to the Argentine State.
Instead, a judge noted that the evidence pointed toward private individuals as the parties controlling the funds. The conclusion further complicated the involvement of Argentine President Javier Milei, his sister Karina, and LIBRA promoter Hayden Mark Davis.
Judge Points Finger at Milei InsidersThis week, Federal Judge Jennifer Rochon in the Southern District of New York denied a request by international investment funds that had attempted to seize LIBRA cryptocurrency assets by linking them to the Argentine State.
Rochon argued that the evidence was insufficient to prove state ownership. Instead, she suggested that the millions generated by LIBRA could belong to Milei, his sister and Secretary General Karina Milei, or Mark Hayden Davis, who helped launch and promote the meme coin.
$Libra: la jueza Rochon le negó la información de las ganancias de la estafa global a un fondo que litiga contra Argentina. Dijo que no afirma (ni niega) que los más de 100 millones de dólares que admitió tener Hayden Mark Davis puedan ser de él, Javier Gerardo y Karina Milei.