Newly uncovered call logs show Argentine President Javier Milei spoke with an unnamed Libra token entrepreneur seven times around the date of his promotional post, contradicting his claims of no connection. The token, which Milei promoted on X in February 2025, later collapsed, causing investor losses of at least $251 million and leading to fraud charges and calls for impeachment against the president.
Newly uncovered phone call logs show Argentine President Javier Milei communicated with a Libra token entrepreneur seven times on the night he promoted the cryptocurrency. This evidence raises questions about Milei’s assertion that he had no connection to the project, which is under investigation.
According to logs obtained by Argentine prosecutors, the calls occurred before and after Milei made his promotion post on X. The contents of these communications reportedly remain unknown to the investigating authorities.
In February 2025, Milei posted on X promoting the Libra token as a way to grow Argentina’s economy. The token surged briefly before losing over 96% of its value from its peak, costing investors around $251 million.
Milei has publicly denied any wrongdoing. “A few hours ago, I posted a tweet, like so many infinite other times, supporting an alleged private venture with which I obviously have no connection whatsoever,” he stated on X.
He further explained, “I wasn’t aware of the details of the project, and after becoming aware of them, I decided not to keep promoting it, that’s why I deleted the tweet.” The token’s collapse has led to fraud charges against Milei, which can attract a prison sentence of between one month and six years.
Federal prosecutors have launched an ongoing investigation naming Milei as a person of interest. Argentina’s Anti-Corruption Office previously cleared him of violating public ethics rules, finding his post was personal.
A March 2026 judicial update uncovered a draft document on crypto lobbyist Mauricio Novelli’s phone suggesting a possible $5 million agreement connected to the promotion. This draft was reportedly written just three days before Milei’s post but does not specify a recipient for the funds.
