US and Argentine courts stall investor lawsuits in LIBRA case
- —LIBRA collapsed in February 2025 shortly after being promoted on social media
- —US courts demand proof of jurisdiction before hearing the class action
- —In Argentina the case is stalled by venue disputes and anonymous issuers
- —Promotion of the token from Milei's account triggered congressional inquiry requests
Why it matters: The case highlights how little recourse memecoin scam victims have through the courts.
Source: CriptoTendencias