Mar 16 • 22:30 UTC 🇧🇷 Brazil Folha (PT)

Investigations contradict Javier Milei's explanations about cryptocurrency scandal

Documents found on a businessman’s phone raise questions about Argentine President Javier Milei's involvement in the $Libra cryptocurrency scandal.

Recently uncovered files from a businessman’s cellphone have reignited discussions regarding Argentine President Javier Milei's alleged involvement in the $Libra cryptocurrency scandal. The leaked documents and call records released by the Argentine Public Prosecutor's Office indicate a $5 million deal that connects Milei with Hayden Davis, the CEO of Kelsier Ventures, which is responsible for the launch of the controversial cryptocurrency. This revelation has intensified scrutiny over Milei’s previous statements about his role in promoting the digital asset.

The businessman in question, Mauricio Novelli, has been implicated in the promotion of the $Libra cryptocurrency and was key in the dissemination of information regarding the asset last year. In a notable incident, Milei promoted $Libra on his social media account before quickly deleting the post, which led to a significant collapse in the cryptocurrency's value. The documents reveal that Novelli’s cellphone contained a memorandum detailing a supposed agreement that included various financial incentives for Milei’s endorsement, further complicating his narrative surrounding the venture.

As investigations unfold, the implications of these findings could significantly affect Milei's political standing and add to the controversies swirling around his administration. With the Argentine economy already facing numerous challenges, any further revelations related to corruption or unethical behavior could undermine public trust and lead to increased demands for accountability from the government. The situation remains dynamic and requires close monitoring as more information comes to light regarding these serious allegations.

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