New forensic evidence has deepened the Libra token scandal surrounding Argentine President Javier Milei. Local news network C5N reported that an analysis of seized mobile phones revealed at least five phone calls between Milei and crypto entrepreneur Mauricio Novelli shortly before the president shared the token contract on social media.
Call Records Detail
The forensic team extracted data from Novelli's device showing the calls clustered in the minutes before Milei's X post. Journalist Ariel Zak from C5N stated that the conversations were not continuous — they paused and resumed. He also noted that a conversation occurred between Novelli and Julian Peh, CEO of Kip Protocol, and that there may have been communications with the President's General Secretary, Karina Milei.
Zak said: "There comes a moment when the conversations are interrupted; some time later, they resume, and at that point, communications reportedly took place from the presidential phone to Novelli's phone." These details directly tie the president's communications to the token launch timeline.
Experts Question Contract Availability
Milei previously claimed that he simply copied the token contract from the internet and shared it on his X account. However, experts consulted by the congressional investigative commission declared that the Tokjen contract was not publicly accessible before Milei's post. This raises a critical question: how did the president obtain the contract before anyone else?
The call records offer a plausible explanation: direct coordination with Novelli may have given Milei early access. The at least five phone calls suggest a coordinated strategy behind the president's actions, not a casual repost.
Official Denial and Investor Fallout
The President's Office has denied any direct connection to the token issuance, stating that Milei only shared posts related to various projects in Argentina, as he does regularly. But the aftermath of Libra's price crash has affected over 44,000 investors, with insiders profiting from the token's popularity, according to investigators.
The scandal continues to unfold. The congressional committee has not issued a final report. If the phone records are proven to be evidence of premeditation, Milei could face serious legal consequences.