Milei call logs raise fresh Libra token questions

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Milei call logs raise fresh Libra token questions
Milei call logs raise fresh Libra token questions
Bloomberg
Written by Bloomberg
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New call logs reviewed by prosecutors suggest Argentine President Javier Milei had multiple phone conversations with an entrepreneur linked to the Libra token around the time he promoted it.

The logs, cited by The New York Times, show seven calls before and after Milei posted about the token, raising questions about his claim of having no involvement.

“A few hours ago, I posted a tweet… supporting an alleged private venture with which I obviously have no connection whatsoever,”

Milei said, denying ties to the project.

The Libra token surged after the promotion before crashing more than 96%, resulting in losses of at least $251 million for investors.

The incident has triggered fraud allegations and political backlash, including calls for impeachment, while Milei maintains he was unaware of the project’s details.

A federal investigation remains ongoing, with Milei named as a person of interest but not formally charged.

Earlier findings also pointed to a draft document suggesting a possible $5 million agreement tied to the token’s promotion, further intensifying scrutiny around the case.

At the time of reporting, Libra price was $0.003211.

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