A new chapter has opened in the ongoing LIBRA cryptocurrency scandal, as new court findings suggest that the relationship between Argentine President Javier Maille and LIBRA co-founder Hayden Mark Davis may have been closer than previously acknowledged.
The controversy dates back to February 14, 2025, when President Miley publicly announced the LIBRA token. The confirmation led to a rapid rise in the price of the cryptocurrency, followed by a collapse that wiped out an estimated $251 million in investor funds.
Now, to the news of the local press informs Citing court sources, computer forensics experts from Argentina’s Public Prosecutor’s Office have identified drafts of a version of the “confidential agreement” allegedly signed by Miley and Davis on January 30, 2025 – two weeks before the launch and subsequent collapse of LIBRA.
LIBRA trading among Milei rejections
The projects were found on at least one electronic device seized from Argentine lobbyist Mauricio Novelli, a central figure in the organization. the case and a close associate of the president since the end of the COVID-19 pandemic.
Federal prosecutor Eduardo Taiano ordered the seizure of Novelli’s devices as part of the investigation. Experts later reported that a draft of the agreement appeared in an exchange between Novelli and Davis, suggesting efforts to finalize the document before it was formally executed.
The existence of such projects is in tension with Miley’s public rejection. In numerous interviews after quarrel in February 2025, the president denied allegations that he had signed any deal with Davis and tried to distance himself from the LIBRA operation.
More details appeared in a decision issued on January 9 by the Department of Technological Support for Criminal Investigations (Datip), a special forensic unit of the country’s Prosecutor’s Office.
According to the order, several copies of the draft “confidentiality agreement” were located during the judicial review of Novelli’s communications with Davis. It seemed that the exchange of views was related to the preparation for the final signing of this document by the president.
Possible payment requests
Datip’s report further emphasized Novelli’s central role in LIBRA’s work. Investigators described him as a key middleman connecting multiple actors.
His communications included exchanges with President Maile and Karina Maile, as well as with Davis, Terrones Godoy, Morales and Julian Peh, CEO of Singapore. KIP protocol.
However, the forensic examination was hampered by significant data deletion. Experts told prosecutor Taiano that numerous messages, files and even entire conversations were permanently deleted from devices belonging to Novelli and the other defendants.
Among the lost exchanges is the communication between Novelli and Cardano Founder (ADA) Charles Hoskinson. After the collapse of LIBRA, Hoskinson publicly accused Novelli and Terrones Godoy of demanding a five-figure payment in exchange for arranging a meeting with President Miley at the Technology Forum.
According to Hoskinson, they suggested that if he agreed, “magical things would happen.” He refused. Investigators were unable to fully recover those deleted conversations.
Featured image from BBC, chart from TradingView.com
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