Nyt Reveals Argentine President Milei Made 7 Calls To Libra Promoter On Night Of Token Launch
The New York Times reported that Argentine President Javier Milei exchanged seven phone calls with crypto lobbyist Mauricio Novelli on the night he promoted the LIBRA token on X in February 2025. Federal investigators have named Milei as a person of interest. LIBRA briefly hit $4.6B market cap before crashing 90%.
Forensic analysis of Novelli's phone revealed a draft $5 million payment agreement tied to Milei's endorsement, monthly payments to Milei dating back to 2021 that doubled after he became president, and WhatsApp messages referencing payments to his sister Karina. Milei's government later dissolved the investigative task force probing the scandal.
A congressional committee found Milei provided "essential collaboration" to the project. Blockchain data showed eight wallets linked to LIBRA cashed out $107 million. Approximately 114,410 investor wallets suffered losses. Milei denies wrongdoing.
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