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You are here: Home / Cryptocurrency News / Officials Reveal Drafts Tying $LIBRA to Milei’s Controversial $3.9M Transfers

Officials Reveal Drafts Tying $LIBRA to Milei’s Controversial $3.9M Transfers

What to know:

  • Forensic analysis has revealed draft copies of a “confidential agreement” involving President Javier Milei and Hayden Mark Davis.
  • Financial records show Davis transferred a total of $3.9 million on January 30, 2025, during a meeting with Milei at the Casa Rosada.

By Onyi | Edited By Ammar Raza,March 4, 2026, 8:15 AM

LIBRA

A new report has uncovered draft copies of a secret agreement involving President Javier Milei and American businessman Hayden Mark Davis and their relationship with $LIBRA.

According to the computer experts working for Argentina’s Public Prosecutor’s Office, the draft is a “confidential agreement” that Milei and Davis were allegedly preparing to sign on the 30th of January, 2025.

The discovery was made during a forensic review of all the electronic devices seized as part of the investigation into the launch and collapse of the popular $LIBRA memecoin launched by the president.

According to court sources, the draft documents were recovered from the investigation on $LIBRA and at least one device belonged to Argentine lobbyist Mauricio Novelli.

The experts from the Directorate of Technological Support for Criminal Investigation (Datip) said the drafts appeared in message exchanges between Novelli and Davis.

Source: la nacion

The conversations were reportedly aimed at finalizing the text before a possible presidential signature. Prior to this discovery, Milei has publicly denied signing any agreement with Davis. In several interviews on television after the scandal broke in February 2025, he rejected claims that he had entered into a confidential deal.

Also Read: Libra Insiders Shift $4M During Market Slump, Invest in Solana

Transfers That Happened During The Presidential Meeting

According to the investigators, there were some financial records tied to a meeting held on January 30, 2025, at the Casa Rosada. On that day, Davis flew to Buenos Aires for a short visit and met with President Milei.

During the exact meeting time, it was recorded that Davis transferred $499,999 to a virtual wallet. Forty-two minutes later, he transferred another similar amount to the same wallet. In total, Davis moved about $3.9 million that day, with the funds allegedly ending up in accounts linked to Novelli and Terrones Godoy.

Source: la nacion


Following the expert report, the prosecutor Taiano formally requested that the Casa Rosada confirm whether any confidential agreement existed between Milei and Davis.

So far, Milei and his associates have denied the existence of any such confidential agreement. They have also denied having copies of a separate “letter of intent” reportedly signed in August 2024 with the crypto platform Cube Exchange.

Novelli’s Role in $LIBRA Case

The report also mentioned exchanges between Novelli and Charles Hoskinson, the CEO of Cardano. After the scandal became public, Hoskinson accused Terrones Godoy of asking him for a large amount of money in exchange for arranging a meeting with President Milei during a tech forum.

Hoskinson said he was told that “magical things would happen” if he agreed to the payment but also claimed that he refused the offer.

As of today, the investigation has not been concluded, as prosecutors are examining all the digital evidence, financial transfers, and official communications connected to the failed $LIBRA project.

Also Read: Uniswap (UNI) Could Break $5.20 Resistance After Bounce from $2.80

Filed Under: Cryptocurrency News

About Onyi

Onyinye is a News Desk writer at Tronweekly with one year of experience covering blockchain technology, decentralized finance (DeFi), and emerging Web3 developments. She focuses on delivering clear, timely, and accurate crypto news, monitoring breaking stories, ecosystem updates, and crypto-related crimes and enforcement developments. Based in Nigeria, Onyinye has contributed to multiple digital media platforms and holds a degree in Mass Communication, following strict newsroom and fact-checking standards to ensure reliable reporting for a global audience.

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