LIBRA Confidential Advisory Agreement Between Creator and President Milei Revealed
A new chapter has unfolded in the ongoing LIBRA cryptocurrency tree, as new legal findings suggest that the relationship between Argentina’s President Javier Milei and LIBRA co-founder Hayden Mark Davis may be closer than previously acknowledged.
The controversy dates back to February 14, 2025, when President Milei publicly proposed the LIBRA token. The approval caused a rapid increase in the price of the cryptocurrency, followed by a crash that wiped out an estimated $251 million in investor funds.
Now, according to local media reports citing court sources, computer forensics experts from Argentina’s Public Prosecutor’s Office have identified draft versions of a “secret agreement” allegedly signed by Milei and Davis on January 30, 2025 – two weeks before LIBRA’s launch and subsequent crash.
LIBRA Deal Between Milei Challenges
The draft was found on at least one electronic device taken from Argentine lobbyist Mauricio Novelli, who is the head of the area. the case and the president’s closest ally since the end of the COVID-19 pandemic.
Federal prosecutor Eduardo Taiano ordered the seizure of Novelli’s equipment as part of the investigation. Experts later reported that a draft agreement emerged from exchanges between Novelli and Davis, suggesting efforts to finalize the document before it was officially released.
The existence of such documents contradicts Miley’s public denial. In many of the discussions that follow i it’s a shame in February 2025, the president denied allegations that he had signed any agreement with Davis and sought to distance himself from the LIBRA project.
More information appeared in a January 9 decision, issued by the Directorate of Technological Support for Criminal Investigations (Datip), a special intelligence unit within the Public Prosecutor’s Office.
According to the decision, several copies of the draft “confidential agreement” were found during an investigative review of Novelli and Davis’ communications. These discussions seemed to be in line with the preparations for the document to be signed by the president.
Suspicious Payment Requests
The Datip report also emphasized Novelli’s central role in the LIBRA affair. Investigators described him as an important liaison connecting many actors.
His contacts included exchanges with President Milei and Karina Milei, as well as Davis, Terrones Godoy, Morales, and Julian Peh, Singapore’s top official. KIP protocol.
However, the forensic examination was hindered by the deletion of important data. Experts informed Prosecutor Taiano that numerous messages, files, and conversations were all permanently erased from the devices of Novelli and the other defendants.
Among the lost exchanges was the communication between Novelli and Cardano (ADA) founder Charles Hoskinson. After the collapse of LIBRA, Hoskinson publicly accused Novelli and Terrones Godoy of demanding five-figure dollar payments to arrange a meeting with President Milei during the Tech Forum.
According to Hoskinson, they suggested that “magical things will happen” if he agreed. He refused. Investigators were unable to recover those deleted conversations in full.
Featured image from BBC, chart from TradingView.com
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