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🔴 New developments reignite Javier Milei's involvement in the Libra affair.
In February 2025, the Argentine president promotes a memecoin on Solana called Libra via a post on X.
The token briefly reaches $4 billion in market capitalization... before collapsing by more than 90%.
8 wallets linked to the project reportedly cashed in $107 million in the process.
A document, revealed yesterday, found on a lobbyist's phone details a purported $5 million agreement tied to this promotion. Created 3 days before the tweet, it describes a payment in 3 installments, with one tranche conditioned on a public announcement by the president on X.
Analyses reveal regular exchanges between the lobbyist, Milei, his sister, and his advisors in the minutes surrounding the token's launch and collapse.
A federal criminal investigation and a class action lawsuit in the United States are still ongoing.