Recent investigations into the $LIBRA crypto scandal have uncovered a document from the phone of lobbyist Mauricio Novelli, suggesting a financial agreement of $5 million in support of Argentine politician Javier Milei concerning the launch of the $LIBRA token. The payments were intended to be made in three installments, highlighting the significant financial stakes linked to political endorsements in the rapidly evolving cryptocurrency landscape in Argentina.

Further examination of Novelli's phone revealed not only this financial pact but also a draft message intended to manage the narrative following the public relations crisis triggered by the scandal. This message, crafted just days after the controversy erupted, implies coordinated efforts from governmental communication strategies to mitigate backlash and maintain public support.

The document detailing this agreement was composed on February 11, 2025, shortly before Javier Milei's public message regarding the issue, emphasizing the strategic timing of both the financial endorsement and the subsequent governmental response. As such, this incident raises concerns about the intertwining of political support and financial incentives in Argentina's emerging crypto market, potentially influencing future regulatory frameworks and public trust in both political figures and cryptocurrency initiatives.