
Records show that Miley contacted the LIBRA team multiple times on the night of the token launch, before and after it was shared.
Argentine authorities are reviewing phone records linked to President Javier Miley as part of an ongoing investigation into Libra. The records became pivotal to the investigation and may illustrate his level of involvement during the project launch.
The case centers on LIBRA, a token built on the Solana network that launched in February 2025. The token attracted attention after Milei shared details about it on X before the information became widely available.
Miley calls Novelli
Promoters associated with the LIBRA project include businessman Mauricio Novelli and Hayden Davis of Kelsier Ventures. Critics argue that insiders got out early, raising concerns about the possibility of the rug being pulled.
Following Miley’s tweet, the price of the token rose sharply within minutes before that It collapses Soon after. It is estimated that about $250 million in market value was wiped out during the decline.
Investigators say the phone records reviewed may challenge Miley’s previous public statements. Notably, records indicate that he made several calls to Novelli on the night of the token launch.
The calls reportedly began shortly before Miley’s post and continued as the token’s price moved quickly, raising questions about whether the call was related to market activity.
Miley later deleted his post and said he had no prior knowledge of the project’s structure. However, the call data prompted prosecutors to examine the timeline more closely.
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The messages suggest possible payments to Milei
Attention also turned to messages recovered from Novelli’s devices during the investigation. Some exchanges indicate recurring payments to Miley during his previous political career.
One letter described the payments as a form of monthly compensation, while draft proposals noted links between financial incentives and advocacy. Separate reports also point to Davis’ claims about access to Milley’s inner circle. These claims indicated possible payments related to Karina Miley, although no transfers have been confirmed.
All parties denied any wrongdoing and stressed that their dealings were routine. Meanwhile, Miley has not been charged but remains under arrest review As a person of interest.
The case has renewed debate over how government officials handle digital assets. Regulators in Argentina and abroad are monitoring the situation as the investigation develops.
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