Argentina’s Milei had phone calls with leader of LIBRA crypto project that collapsed: NYT
The Block
An Argentinian investigation reveals President Javier Milei spoke with a key figure behind the failed LIBRA token project, which lost millions for investors.Summary
A report from The New York Times highlights that Argentine President Javier Milei maintained phone contact with Mauricio Novelli, a primary figure behind the LIBRA cryptocurrency, on the same night he promoted the token on X. The project saw a massive surge followed by a 90% collapse, resulting in significant investor losses. While President Milei denies wrongdoing and was previously cleared by the Anti-Corruption Office, a federal investigation remains active. Furthermore, an Argentine congressional committee recently found evidence suggesting Milei provided "essential collaboration" to the project, with other reports alleging a potential $5 million payment agreement regarding his endorsement.
(Source：The Block)