Argentine authorities are reviewing phone logs connected to President Javier Milei as part of an ongoing investigation into the LIBRA token. These records have become a key element in the probe and could help determine his level of involvement during the token’s launch.
The case focuses on LIBRA, a cryptocurrency built on the Solana network that debuted in February 2025. The project gained widespread attention after Milei shared information about it on X before it was broadly known to the public.
Phone Calls With Mauricio Novelli Under Scrutiny
Individuals linked to the LIBRA project include entrepreneur Mauricio Novelli and Hayden Davis of Kelsier Ventures. Critics have raised concerns that insiders may have exited early, fueling speculation about a possible rug pull.
Shortly after Milei’s post, the token’s price surged rapidly within minutes before experiencing a sharp decline. Estimates indicate that roughly two hundred fifty million dollars in market value was lost during the drop.
Investigators believe the phone records could challenge Milei’s earlier public statements. The logs reportedly show that he held multiple calls with Novelli on the night of the launch.
These conversations are said to have started shortly before his post and continued while the token’s price was moving quickly, raising questions about whether the communication was connected to market activity.
Milei later removed his post and stated that he had no prior knowledge of the project’s structure. However, the call data has led prosecutors to take a closer look at the sequence of events.
Messages Raise Questions About Possible Payments
The investigation has also expanded to include messages recovered from devices belonging to Novelli. Some of these communications appear to reference recurring payments to Milei during his earlier political career.
One message described these payments as a form of monthly compensation, while draft proposals suggested a connection between financial incentives and public endorsements.
Separate reports also mention claims by Davis regarding access to Milei’s inner circle. These claims included references to possible payments involving Karina Milei, although no confirmed transactions have been identified.
All individuals involved have denied any wrongdoing and insist that their interactions were routine. Milei has not been formally charged but remains under review as a person of interest.
The case has sparked renewed debate about the relationship between public officials and digital assets. Regulators in Argentina and other regions continue to monitor developments as the investigation progresses.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
