Argentina President Milei Faces Scrutiny Over Libra Token Involvement

Argentina's President Javier Milei is under increasing pressure after new evidence emerged in the ongoing probe into his alleged involvement in the Libra token.

Phone logs obtained by federal prosecutors show seven calls between Milei and entrepreneur Mauricio Novelli, one of the architects of the LIBRA crypto token, on the same night that Milei posted a promotional message about the coin on social media. This contradicts Milei's earlier claim that he had no connection to the launch.

The recovered documents also suggest a $5 million deal structure tied to Milei's official endorsements, with payments contingent on certain actions. One of these actions was for Milei to publicly announce Hayden Davis as a cryptocurrency advisor, which would trigger a payment of $1.5 million.

Computer experts confirmed that the 44-character contract code used in Milei's promotional post was not publicly available online prior to the post, indicating that Milei had access to insider technical data before the token launched publicly.