$LIBRA Scandal's Latest Twist: Investors on Verge of Being Left Out

The investigation into the $LIBRA crypto scandal involving Argentine President Javier Milei and his inner circle is ongoing, but its trajectory has taken a surprising turn. The Argentine judiciary's probe, which began in early 2025, aimed to determine whether criminal acts were committed and identify the affected parties.

Much of the focus was on determining who had been defrauded by the token, as many investors worldwide filed legal complaints, requesting to be part of a class action. Initially, the judiciary accepted their claims, but that may soon change.

A judge recently removed five traders from the case, declaring that $LIBRA was a 'memecoin', a highly volatile asset involving risk assumed by traders. This decision means the affected investors will no longer have access to the case file or be able to request new evidence.

The excluded investors appealed the decision, with the Federal Appeals Chamber set to decide whether they can stay in the case as soon as next week. If their request is denied, the only official avenue for moving the investigation forward would be through prosecutor Eduardo Taiano, who has been accused of failing to advance the case.