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4 clusters · 24 sources · 53 days · First seen · Last updated

$LIBRA cryptocurrency fraud legal proceedings

Overview

Legal proceedings regarding the $LIBRA cryptocurrency case have reached a significant impasse in the Argentine Federal Chamber of Appeals. Judges Mariano Llorens, Pablo Bertuzzi, and Pablo Yadarola have rejected cassation appeals from investors Martín Romeo, Matías Alejandro Paris, Juan Patricio Marchetto, and Alan Vega, who sought to be recognized as complainants in the investigation.

The court declared the appeals inadmissible, ruling that the investors failed to demonstrate the specific legal errors necessary to overturn the previous decision by Judge Marcelo Martínez de Giorgi. While the judges acknowledged that excluding a complainant can cause irreparable harm by limiting a victim’s ability to act as an accuser, they maintained that the investors did not provide sufficient arguments to justify the legal channel used.

This follows earlier rulings confirming the exclusion of these individuals—including Braian Emanuel Quintero—on the grounds that they failed to prove a specific deceptive maneuver. The court reiterated that the transactions occurred within a “highly volatile, unregulated market” where participants voluntarily assumed inherent risks.

While the decision significantly weakens the ability of these investors to drive the prosecution, the court clarified that this is not a final decision on the merits of the fraud allegations themselves. The criminal investigation into the token’s launch and collapse remains open. The investors’ remaining legal recourse is to file a direct complaint with the Federal Chamber of Criminal Cassation to request a review of the denial.

Entities

Marcelo Martínez De Giorgi · Martín Romeo · Cámara Federal de Apelaciones · Federal Chamber of Buenos Aires · Mauricio Macri

Claims

What the coverage asserts, and how many sources carry each claim.

Timeline

  1. [CRIME] 4 sources
    Argentine Federal Chamber rejects investor appeals in Libra crypto case

    An Argentine Federal Chamber has rejected appeals from four investors seeking to join the criminal investigation into the alleged Libra cryptocurrency fraud as complainants.

  2. [INTERNATIONAL] 17 sources
    Argentine Federal Chamber rules in $LIBRA and IMF loan cases

    The Argentine Federal Chamber confirmed the exclusion of five investors from the $LIBRA crypto case and dismissed the investigation into Mauricio Macri and Luis Caputo regarding a 2018 IMF loan.

  3. [CRIME] 3 sources
    Argentina Federal Court to hear $LIBRA cryptocurrency fraud case

    An Argentine Federal Chamber hearing will decide if five investors can rejoin the $LIBRA cryptocurrency case, amid conflicting claims of a “monumental scam” versus voluntary market risk.

  4. [CRIME] 2 sources
    $LIBRA cryptocurrency case: Complainant challenges judicial ruling

    Complainant Martín Romeo has challenged a judicial decision regarding his standing in the $LIBRA cryptocurrency case, alleging the token's collapse was a

Sources

bairesparatodos.com.ar · canal13sanjuan.com · centraldenoticiasmadariaga.com · cuarto.com.ar · depo.com.ar · diariopampero.com · el-periodico.com.ar · elmonterizo.com · esnoticiatdf.com · filo.news · frenteacano.com.ar · glorioustrainwrecks.com · lapioneradeclorinda.com · lavozdesanjusto.com.ar · losprimeros.tv · miradorprovincial.com · nden.com.ar · perfil.com · planbnoticias.com.ar · playradios.com.ar · radiociudadoran.com.ar · rosariolaciudad.com.ar · sanluis24.com.ar · sitiosargentina.com.ar

This summary has been updated 3 times: see revision history