Judicial documents recently uncovered in Argentina have sparked significant controversy regarding a potential unauthorized payment agreement involving the LIBRA cryptocurrency project and the administration of President Javier Milei. According to reports from the media outlet El Destape, evidence extracted from the mobile device of intermediary Mauricio Novelli suggests a structured million-dollar deal aimed at securing government influence and official endorsements for the digital asset.
Structure of the Alleged $2 Million Agreement
The leaked documentation, dated February 11, 2025, outlines a sophisticated three-stage payment plan designed to integrate the LIBRA project into the Argentine executive branch's official communications. The proposed financial arrangement was reportedly divided as follows:
- An initial deposit of $500,000, to be settled in either liquid cash or LIBRA tokens.
- A secondary payment of $500,000, contingent upon President Milei publicly announcing Hayden Davis as his official advisor via social media platforms.
- A final installment of $1 million, triggered once Javier Milei and his sister, Karina Milei, personally signed a contract for blockchain or Artificial Intelligence (AI) consulting services.
Implications for the Blockchain and AI Sector
The emergence of these judicial documents raises critical questions regarding the intersection of digital asset lobbying and national policy. While President Milei has historically maintained a pro-crypto stance, favoring decentralized finance and Bitcoin (BTC) as alternatives to central banking, the inclusion of specific payment milestones for official advisory roles suggests a shift toward centralized influence.
Industry analysts note that such revelations could impact the regulatory perception of blockchain projects seeking government partnerships in South America.
Legal Proceedings and Investigative Context
The evidence was discovered during a broader judicial investigation into the activities of Mauricio Novelli, whose communications have become a focal point for authorities examining potential corruption and illicit influence peddling. The document’s creation on February 11, 2025, serves as a chronological marker for investigators attempting to determine if any portion of the LIBRA tokens or funds were successfully transferred to entities associated with the presidency.
As the judicial process continues, the authenticity of the "payment agreement" and its actual execution remain the primary subjects of official inquiry. This case underscores the ongoing challenges of transparency within the cryptocurrency industry, particularly when nascent projects attempt to leverage political figures to gain market credibility or legislative advantages.
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