Court Decision May Alter Milei's Liability in Libra Case

Court Decision May Affect Milei’s Responsibilities in the Libra Case

While the launch of Libra, the meme coin shared by Argentine President Javier Milei on social media, and its disastrous debut may seem like old news to some, the court cases seeking to determine responsibilities are ongoing.

A recent decision in a separate case involving a social media response to another user could change how the Argentine justice system addresses Milei’s involvement with Libra. Andrés Gil, the attorney for Ian Moche, an eight-year-old child with autism who has asked Milei to remove insulting posts about him, reported that a judge ruled that any posts made by Milei on X should be considered statements from the President rather than personal remarks.

Gil stated that federal courts should manage the case, given that “President Javier Milei used the account on X with a gray check mark reserved, according to the regulations of the social network, for Individuals of the national government: Heads of State (presidents, monarchs and prime ministers) and their deputies and spouses.”

Milei and his administration have claimed that, as the promotion of Libra was made as an individual rather than as a head of state, it would not enable any kind of political action against him. Nonetheless, this might change with this new ruling.

Gil asserted:

This is a very important precedent because it establishes that the President and any president who uses X with the gray accent is doing so in the exercise of his function and there is no doubt about this.

In May, millions of dollars linked to the Libra case were blocked, and the investigations and court cases, both in Argentina and the U.S., are still open.

Read more: Libra Case Update: $57 Million Frozen, Investigations Progress

Read more: President Milei Gets Absolved: No Infringement Found in Libra’s Promotion