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Libra Case: $5 Million Agreement Draft Recovered From Seized Phone

By bitcoin.com
Mar 16, 2026
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An alleged draft for a $5 million economic agreement to secure the support of Argentine President Javier Milei for the people behind Libra has been recovered from a seized phone. The document indicates that an undetermined party would receive this money in three tranches.

$5 Million Pact Draft Found In Libra Case Investigation

The case regarding Libra, the token project that affected tens of thousands of investors who lost millions after its launch, has reached a definitive phase in Argentina.

The document details a $5 million payment to be disbursed in three tranches to an undetermined third party. $1.5 million would be paid upfront, while $2.5 million would be paid after Milei announced Davis as an advisor on Twitter.

Another note found on Novelli’s phone points to a recommendation made to Milei after Libra collapsed, and he had to delete the post sharing the project’s token contract.

The note declared:

“This is what I want for the tweet. This is the only thing that saves him, me, and us.

I want to clarify that I fully support the vision of the Libra currency. I met personally with everyone involved and expressed my support for their objectives. While I have no financial interest in the project, I trust the people backing it.”

Maximiliano Ferraro, former president of the Argentine Congressional Commission in charge of the Libra probe, has announced a press conference next Monday, where he will disclose “the institutional steps we consider necessary in the legislative and judicial spheres.”

FAQ What is the current status of the Libra token case in Argentina?The Libra case has entered a definitive phase following the discovery of a note detailing an economic agreement involving President Javier Milei. What does the alleged economic agreement entail?The agreement suggests a $5 million payment in exchange for Milei’s support, including an upfront payment and further disbursements upon specific actions. What consulting services is Hayden Davis expected to provide?Davis is slated to offer blockchain and AI consulting to assist the Argentine government in implementing innovative technological solutions. What was found on Mauricio Novelli’s phone related to the Libra project?Messages indicate Milei received recommendations to support Libra post-collapse, emphasizing his acknowledgment of no financial interest in the project.
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