Data present Milei known as the LIBRA group a number of occasions on the night time the token launched, each earlier than and after his submit.
Argentine authorities are reviewing telephone information linked to President Javier Milei as a part of an ongoing probe into the LIBRA token. The logs have change into central to the investigation and will make clear his stage of involvement in the course of the challenge’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 data turned extensively out there.
Milei’s Calls With Novelli
Promoters linked to the LIBRA challenge 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 recommend that about $250 million in market worth was worn out in the course of the decline.
Investigators say the reviewed telephone logs might problem Milei’s earlier public statements. Notably, information point out he held a number of calls with Novelli on the night time the token was launched.
The calls reportedly started shortly earlier than Milei’s submit 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 submit and mentioned he had no prior data of the challenge’s construction. The decision information, nonetheless, has prompted prosecutors to look at the timeline extra intently.
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Messages Counsel Doable Funds to Milei
Consideration has additionally turned to messages recovered from Novelli’s units in the course of 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 advised hyperlinks between monetary incentives and endorsements. Separate experiences 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. In the meantime, Milei has not been charged however stays beneath 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 scenario because the investigation develops.
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