Argentine Justice finds an alleged agreement for five million dollars for Milei to promote the $Libra crypto scam
The judicial investigation for the $Libra cryptocurrency scam corners the Argentine president, Javier Milei, who promoted it by means of his social networks. Judicial consultants discovered on the telephone of businessman Mauricio Novelli an alleged agreement for five million dollars for Milei’s assist for the challenge, as revealed this weekend by El Destape. The doc was amongst Novelli’s notes and had been deleted, however investigators managed to get well it. Although there is no such thing as a proof for now that the supposed agreement was validated by the Government, the determine coincides with the quantity of transfers by means of digital wallets detected by pc consultants.
“Hello friends, This is the final agreement discussed with H,” Novelli wrote, referring to Mark Hayden Davis, the CEO of the company that created the cryptocurrency launched on February 14, 2025. The pact included $1.5 million prematurely, $1.5 million extra when “Milei announces on Twitter that his advisor is Hayden Davis/Kelsier/the Davis family” and one other $2 million for “a contract signed in person with Milei for blockchain/AI consulting for the Argentine government and/or Javier Milei and review with Javier and Karina.”
The textual content was written between October and November 2024, earlier than Davis traveled to Argentina. As mirrored in the draft discovered, on January 30, Milei met with Davis at the Casa Rosada and later posted a selfie of each of them on X wherein he detailed that the American suggested him on cryptocurrency points. That picture caught the consideration of native consultants in the crypto universe, to whom Davis was a whole stranger. After that assembly, Davis boasted of his nice affect in the Argentine authorities in entrance of different crypto businessmen by making certain that he may management Milei by bribing his sister.
This Saturday, name data included into the judicial investigation into the $Libra case had been additionally revealed, revealing greater than twenty telephone calls and messages between Novelli and people closest to Milei throughout the hours earlier than the launch of the cryptocurrency and after its collapse.
The $Libra cryptocurrency was launched on Friday, February 14, 2025. Milei unfold it from his account on It included a hyperlink to an internet site and the code of a contract that allowed events to buy it. The promotion of the Argentine president induced a lot of individuals to put money into the forex, which rose quickly and a few hours later collapsed. A couple of insiders made tens of millions; Thousands of individuals, nevertheless, misplaced every thing they invested.
That message triggered a attainable transnational fraud that’s in the fingers of justice. It can also be the scandal that has hit Milei the hardest throughout his presidential administration.
In the days after the scandal broke, the Argentine president tried to detach himself. He claimed that he solely copied the contract needed to purchase $Libra from the Internet and posted it on New proof makes it much more difficult.
