Phone logs reveal Argentine President Javier Milei had seven calls with crypto lobbyist Mauricio Novelli on the night in 2025 when Milei posted about the LIBRA token on X, according to New York Times reporting. The LIBRA cryptocurrency briefly reached a $4 billion market cap before collapsing over 90%, with eight wallets cashing out $107 million and causing millions in investor losses. A document from Novelli's phone details an alleged $5 million payment agreement for Milei's promotion, though Milei denies wrongdoing and Argentina's Anti-Corruption Office cleared him in June 2025. A federal investigation naming Milei as a person of interest continues as of April 2026, while an Argentine congressional committee found he provided essential collaboration and recommended legislative evaluation of his actions.
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