Confidential LIBRA Advisory Agreement Between Co‑Creator And President Milei Revealed
A brand new chapter has unfolded within the ongoing LIBRA cryptocurrency scandal, as contemporary judicial findings counsel that the connection between Argentine President Javier Milei and LIBRA co-creator Hayden Mark Davis could have been nearer than beforehand acknowledged.
The controversy traces again to February 14, 2025, when President Milei publicly promoted the LIBRA token. The endorsement triggered a speedy surge within the cryptocurrency’s value, adopted by a collapse that worn out an estimated $251 million in investor funds.
Now, in accordance with native media reports citing court docket sources, pc forensics consultants from Argentina’s Public Prosecutor’s Office have recognized draft variations of a “confidential settlement” allegedly signed by Milei and Davis on January 30, 2025 — two weeks earlier than LIBRA’s launch and subsequent crash.
LIBRA Deal Amid Milei Denials
The drafts had been found on not less than one digital machine seized from Argentine lobbyist Mauricio Novelli, a central determine within the case and a detailed affiliate of the president for the reason that finish of the COVID-19 pandemic.
Federal prosecutor Eduardo Taiano ordered the seizure of Novelli’s gadgets as a part of the investigation. Experts later reported that the draft settlement appeared in exchanges between Novelli and Davis, suggesting efforts to finalize the doc earlier than it was formally executed.
The existence of such drafts stands in stress with Milei’s public denials. In a number of interviews following the scandal in February 2025, the president rejected claims that he had signed any settlement with Davis and sought to distance himself from the LIBRA operation.
Further particulars emerged in a January 9 ruling issued by the Directorate of Technological Support for Criminal Investigations (Datip), a specialised forensic unit inside the Public Prosecutor’s Office.
According to the ruling, a number of copies of the draft “confidential settlement” had been situated throughout the forensic evaluation of Novelli’s communications with Davis. The exchanges appeared to narrate to preparations for the doc’s eventual signing by the president.
Alleged Payment Requests Surface
The Datip report additional underscored Novelli’s central function within the LIBRA affair. Investigators described him as a key middleman connecting a number of actors.
His communications included exchanges with President Milei and Karina Milei, in addition to with Davis, Terrones Godoy, Morales, and Julian Peh, the Singaporean CEO of KIP Protocol.
However, the forensic examination was hindered by important knowledge deletion. Experts knowledgeable Prosecutor Taiano that quite a few messages, information, and even complete conversations had been completely erased from gadgets belonging to Novelli and different defendants.
Among the lacking exchanges had been communications between Novelli and Cardano (ADA) founder Charles Hoskinson. After the LIBRA collapse, Hoskinson publicly accused Novelli and Terrones Godoy of demanding five-figure greenback funds in trade for arranging a gathering with President Milei throughout the Tech Forum.
According to Hoskinson, they advised that “magical issues would occur” if he agreed. He declined. Investigators had been unable to recuperate these deleted conversations in full.
Featured picture from BBC, chart from TradingView.com
