New forensic evidence reveals a draft document outlining a possible $5 million agreement connected to Argentine President Javier Milei’s promotion of the Libra token. The draft, recovered from crypto lobbyist Mauricio Novelli’s phone, details a three-part payment structure. It emerged alongside another note drafted to manage the public crisis following the token’s controversial launch and subsequent crash.
Forensic findings from the phone of crypto lobbyist Mauricio Novelli have revealed a draft document suggesting a possible $5 million agreement connected to Argentine President Javier Milei‘s promotion of the Libra token. The document outlines a three-part payment structure totaling $5 million.
The draft note was reportedly written in English on Feb. 11, 2025. “Hello friends, this is the final agreement discussed with H,” the text begins, which is believed to refer to crypto entrepreneur Hayden Davis.
“$1.5M of liquid tokens or cash as an advance. $1.5M in liquid tokens or cash = Milei announces on Twitter that his advisor is Hayden Davis/Kelsier/the Davis family. $2M in tokens or cash = contract signed in person with Milei for blockchain/AI consulting for the Argentine government and/or Javier Milei and review with Javier and Karina,” the document reads. Notably, the draft does not specify who would receive the funds.
Investigators also recovered a separate note drafted on Feb. 16, 2025 to outline a public statement after the scandal erupted. “This is what I want for the tweet. This is the only thing that saves him, me, and us,” the note’s translation reads.
Call records show Novelli communicated with Milei and his sister Karina shortly before and after the president’s social media post about the token. In February last year, Milei posted on X about the Libra (LIBRA) memecoin, which briefly reached a $4 billion market capitalization before plunging 94% within hours.
The crash wiped out hundreds of millions in investor funds and prompted opposition lawmakers to call for Milei’s impeachment. Milei later said he had merely “spread the word” about the token rather than promoted it.
