Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)
Argentine authorities are reviewing cellphone data linked to President Javier Milei as a part of an ongoing probe into the LIBRA token. The logs have turn out to be central to the investigation and should make clear his degree of involvement throughout the venture’s launch.
The case centers on LIBRA, a token constructed on the Solana community that launched in February 2025. The token drew consideration after Milei shared particulars about it on X earlier than the knowledge turned extensively obtainable.
Milei’s Calls With Novelli
Promoters linked to the LIBRA venture embrace entrepreneur Mauricio Novelli and Hayden Davis of Kelsier Ventures. Critics argue that insiders exited early, elevating issues a couple of attainable rug pull.
Following Milei’s tweet, the token’s value surged sharply inside minutes earlier than collapsing quickly after. Estimates counsel that about $250 million in market worth was worn out throughout the decline.
Investigators say the reviewed cellphone logs could problem Milei’s earlier public statements. Notably, data point out he held a number of calls with Novelli on the evening the token was launched.
The calls reportedly started shortly earlier than Milei’s publish and continued because the token’s value moved quickly, elevating questions on whether or not the communication was linked to the market exercise.
Milei later deleted his publish and stated he had no prior information of the venture’s construction. The name knowledge, nevertheless, has prompted prosecutors to study the timeline extra intently.
Messages Suggest Possible Payments to Milei
Attention has additionally turned to messages recovered from Novelli’s gadgets throughout the investigation. Some exchanges reference recurring funds to Milei throughout his earlier political profession.
One message described the funds as a type of month-to-month compensation, whereas draft proposals urged hyperlinks between monetary incentives and endorsements. Separate studies additionally cite claims by Davis about entry to Milei’s internal circle. These claims referenced attainable funds involving Karina Milei, although no transfers had been confirmed.
All events have denied wrongdoing and keep that their interactions had been routine. Meanwhile, Milei has not been charged however stays below review as an individual of curiosity.
The case has renewed debate about how public officers interact with digital property. Regulators in Argentina and past are monitoring the state of affairs because the investigation develops.
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