Drafts reveal $5M Libra token deal linked to Milei

Drafts found on a crypto lobbyist’s device suggest a $5M deal tied to Milei’s Libra token promotion, with payments linked to endorsements and consulting. Authorities are investigating ethics and financial flows.

Forensic analysis of devices belonging to crypto lobbyist Mauricio Novelli revealed draft documents outlining a proposed $5 million agreement connected to Argentine President Javier Milei’s promotion of the Libra token. The drafts, dated early 2025, detail a three-part payment plan: an initial $1.5 million advance in tokens or cash, a second $1.5 million payment tied to Milei publicly endorsing Hayden Davis as an advisor, and a final $2 million contingent on a consulting contract involving blockchain and AI services with Milei and his sister Karina. The documents, written in English, were discovered just days before Milei promoted Libra on social media. Investigators have yet to confirm any binding signatures or actual payments, and the intended recipients of the funds remain unclear. Authorities have launched an official investigation, freezing assets and probing potential violations of public ethics laws, misuse of official facilities, and the involvement of Milei’s inner circle. The Libra token briefly surged in value before collapsing, intensifying scrutiny of the deal’s ethical and legal ramifications.