Argentina’s President Milei faces renewed scrutiny after evidence suggests deeper ties to LIBRA scandal
New evidence reveals Argentine President Milei had frequent contact with a key figure in the LIBRA meme coin scandal, raising questions about his involvement.Summary
Argentine President Javier Milei is facing renewed scrutiny following the discovery of phone logs and messages indicating deeper ties to the LIBRA meme coin scandal than previously acknowledged. The New York Times reported that Milei made seven calls to entrepreneur Mauricio Novelli before and after promoting the LIBRA token on X, allegedly coordinating his endorsement and facilitating deals worth millions. WhatsApp messages suggest recurring payments to Milei and his sister, Karina Elizabeth Milei, while documents detail potential payment plans linked to his public endorsements.
Novelli, who offered Milei support during pandemic-related financial struggles, appears to have leveraged his relationship with the President to seek approvals, tax exemptions, and regulatory favors. The LIBRA token, launched by Kelsier Ventures, experienced a brief surge in market capitalization before plummeting 85% amid accusations of a “rug pull,” resulting in estimated investor losses between $251 million and $400 million.
Milei maintains he was simply highlighting a private venture and denies substantive involvement, claiming only a small number of investors were affected. However, the Investigation Task Unit (UTI) probing the scandal was dissolved by Milei last May, raising further concerns about transparency and accountability.
(Source：Crypto Briefing)