Argentine authorities are examining President Javier Milei’s phone records as part of an investigation into the LIBRA token. The records reportedly show multiple calls between Milei and project promoter Mauricio Novelli on the night of its launch, which challenge Milei’s previous statements. The token’s price surged and then collapsed after a post by Milei, erasing an estimated $250 million in value. Recovered messages also reference possible historical payments to Milei, though all parties deny wrongdoing.
Argentine authorities are reviewing phone records linked to President Javier Milei in an ongoing probe into the LIBRA token. The case centers on the Solana-based token that launched in February 2025.
Records indicate Milei called entrepreneur Mauricio Novelli several times on the night the token launched. These calls reportedly occurred both before and after Milei posted details about LIBRA on X.
The token’s price surged sharply following Milei’s post before collapsing minutes later. Approximately $250 million in market value was erased during the rapid decline.
Milei later deleted the post and said he had no prior knowledge of the project’s structure. The call data, however, has prompted prosecutors to examine the timeline more closely.
Attention has also turned to messages recovered from Novelli’s devices. Some exchanges reference recurring payments to Milei during his earlier political career.
One message described the payments as a form of monthly compensation. Separate reports cite claims by Hayden Davis of Kelsier Ventures about access to Milei’s inner circle.
All parties have denied wrongdoing and maintain their interactions were routine. Milei has not been charged but remains a person of interest as regulators monitor the investigation.
