Buenos Aires Times reported that Federal Judge Marcelo Martínez de Giorgi dismissed Argentina’s domestic criminal case over the $LIBRA token on October 23, 2026. Other reports said the ruling covered not only President Javier Milei, but also Karina Milei and nine other people under investigation, including Hayden Davis. The judge found that the alleged facts did not constitute a criminal offence.

Who the reported $LIBRA dismissal covered

The latest reporting provided indicates that the ruling was broader than the initial headline suggested. Buenos Aires Times said Martínez de Giorgi dismissed the criminal case against Javier Milei, his sister Karina Milei and nine other defendants. Yahoo, carrying an Unchained report, and Buenos Aires Herald likewise described the decision as covering the broader domestic case rather than Milei alone.

This matters because the central question is not only whether Milei was cleared in this case, but whether the ruling extended to the other named individuals. Based on current reporting, the answer is yes in this Argentine criminal matter: the dismissal reportedly included Karina Milei and other people under investigation, with Hayden Davis among those named in media accounts.

Why the judge reportedly found no crime

According to Buenos Aires Times, the judge found that investor losses and the token’s sharp rise and fall were not, by themselves, enough to prove criminal fraud. The same report said Milei’s social-media post was not accompanied by administrative acts or the use of state resources, a distinction also relevant to allegations involving abuse of authority or conduct incompatible with public office.

Put simply, the reported reasoning distinguishes a damaging market outcome from evidence of a criminal offence. Yahoo’s Unchained report and ForkLog both said the dismissal followed a request by federal prosecutor Eduardo Taiano. The ruling was therefore presented not as a surprise acquittal after trial, but as the court accepting the prosecutor’s position that the case should be closed on the facts described.

What this ruling does not settle

Current reports support a narrow but important conclusion: Argentina’s domestic criminal case over $LIBRA was dismissed at this stage, and the ruling reportedly covered more than Milei personally. That does not automatically mean, however, that every legal or political issue connected to the token has ended for all parties in all jurisdictions.

Buenos Aires Times described a New York class action as separate from the Argentine criminal case, which is an important distinction for readers. Just as importantly, the available evidence does not establish whether an appeal has been filed, whether the Argentine ruling is final, or whether any other distinct case linked to $LIBRA remains active.