# Court Dismisses Most LIBRA Lawsuit Claims for Lack of Jurisdiction

By Riza Dagoc

Canonical URL: https://www.tokenpost.com/news/regulation/26764
Published: 2026-10-05T08:59:15.000Z
Updated: 2026-10-05T08:59:15.000Z
Section: Regulation

> The ruling did not decide the allegations against Hayden Davis and Kelsier. Plaintiffs may appeal or sue in a court with jurisdiction as an investigation in Argentina continues.

A court dismissed most claims against Hayden Davis and Kelsier in a U.S. class action involving LIBRA and M3M3 token investors, citing a lack of jurisdiction rather than deciding the allegations.

The ruling leaves plaintiffs the option to appeal or file suit in a court with jurisdiction. The case concerns investors in both tokens.

An investigation in Argentina is continuing.