Libra investors' objection allowed to be heard 2-to-1... Re-examination of case participation eligibility

Argentina’s Federal Criminal Cassation Court Chamber II voted 2-1 to accept LIBRA investors’ appeal and reconsider whether they can participate as injured parties in the criminal case tied to the token’s collapse, though the ruling alone does not restart the investigation involving President Javier Milei. The court requested the case’s electronic record and said the proceeding does not yet confirm investor standing or annul the probe, according to Infobae. Judge Ángela Ledesma, in the majority, viewed the matter as raising federal issues that a higher court could review. The decision matters because victim status could give LIBRA holders a formal role as the case advances. What to watch next is whether the court grants investors party standing and whether that revives momentum in the Milei-linked probe.