- A confidential blockchain advisory agreement between Libra co-creator Hayden Davis and Argentine President Javier Milei was found on a suspect’s phone, contradicting Milei’s denial of the deal.
- Forensic experts recovered the agreement and messages showing suspects communicated with Milei, his sister, and crypto figures before deleting conversations.
- Shortly after the deal was signed, wallets linked to Hayden Davis sent roughly $1 million in USDC to a retiree, who then forwarded the funds to a lobbyist’s wallet.
Argentinian investigators found a confidential blockchain advisory agreement between Libra co-creator Hayden Davis and President Javier Milei on a suspect’s phone. This discovery directly challenges Milei’s continued denial of any formal association with Davis regarding the LIBRA token’s launch and subsequent collapse in 2025. The document was recovered by computer experts from the Public Prosecutor’s Office from the phone of lobbyist Mauricio Novelli, according to reports.
Consequently, the undersecretary of presidential affairs must confirm if she possesses the secret agreement. Analysis revealed Novelli coordinated the launch while communicating with Milei, his sister, Davis, and other lobbyists.
However, crucial group messages between the suspects were found to be deleted. One recovered exchange showed Cardano founder Charles Hoskinson accusing a lobbyist of demanding a five-figure fee for a meeting with Milei, promising “magical things will happen.”
Meanwhile, the confidential deal, requiring Davis to provide unpaid advice, was signed just 15 days before LIBRA’s launch. On that same day, two payments worth roughly $1 million in USDC were sent from Davis-linked wallets to a retiree, who forwarded them to Novelli.
As of late 2025, Davis appeared to be walking free despite the ongoing investigation. Analysts from Bubblemaps claimed he made $15 million from a private token sale months after the LIBRA scandal, though the firm later deleted its findings. The CEO of Pump Fun called the claim defamatory “misinformation”, stating the team had never spoken to Davis.
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