$5M Payment Structure Uncovered in Libra Memecoin Promotion Investigation

A recent report by El Destape has shed light on a potentially suspicious payment structure linked to President Javier Milei's promotion of the Libra memecoin.

The document, discovered during a forensic examination of devices seized from lobbyist Mauricio Novelli, outlines a three-stage arrangement totaling $5 million connected to Libra's promotion. The report states that the payment plan included an initial $1.5 million advance delivered in liquid tokens or cash, followed by a second $1.5 million payment tied to Milei publicly announcing Davis as an adviser on X.

The closing $2 million payment was contingent on a formal consulting agreement covering blockchain and artificial intelligence services, which would require Milei's signature and review by both the president and his sister, Karina Milei.