Exclusive: Confidential LIBRA Advisory Deal Between Co-Creator and President Milei Exposed

Leaked documents reveal a high-stakes advisory pact—one that could reshape a nation's financial architecture.

The Digital Blueprint

Forget central bank whispers. This isn't about incremental change. The agreement outlines a direct advisory channel from a key LIBRA architect to a head of state, bypassing traditional finance ministry gatekeepers entirely. It's a playbook for monetary overhaul, drafted outside the usual corridors of power.

Why This Cuts Through the Noise

Most state-level crypto moves are sandbox tests or regulatory nods. This is different. An advisory mandate at this level signals intent to integrate digital asset infrastructure at the core of national policy—not just at the fringe. It turns theoretical 'crypto nation' talk into actionable strategy, with a founding figure whispering in the president's ear.

The Unspoken Calculus

Every traditional finance minister's nightmare: being sidelined by a protocol and a true believer. The deal effectively creates a parallel financial advisory track, one built on blockchain logic rather than IMF reports. It bets that code can move faster than bureaucracy—and that a president will listen.

Legacy finance, meanwhile, is left to wonder if its next competitor isn't another bank, but a presidential decree drafted with a crypto-native playbook. Somewhere, a bond trader just felt a chill—probably blamed it on the AC.

LIBRA Deal Amid Milei Denials

The drafts were discovered on at least one electronic device seized from Argentine lobbyist Mauricio Novelli, a central figure in the case and a close associate of the president since the end of the COVID-19 pandemic.

Federal prosecutor Eduardo Taiano ordered the seizure of Novelli’s devices as part of the investigation. Experts later reported that the draft agreement appeared in exchanges between Novelli and Davis, suggesting efforts to finalize the document before it was formally executed. 

The existence of such drafts stands in tension with Milei’s public denials. In multiple interviews following the scandal in February 2025, the president rejected claims that he had signed any agreement with Davis and sought to distance himself from the LIBRA operation. 

Further details emerged in a January 9 ruling issued by the Directorate of Technological Support for Criminal Investigations (Datip), a specialized forensic unit within the Public Prosecutor’s Office. 

According to the ruling, several copies of the draft “confidential agreement” were located during the forensic review of Novelli’s communications with Davis. The exchanges appeared to relate to preparations for the document’s eventual signing by the president.

Alleged Payment Requests Surface

The Datip report further underscored Novelli’s central role in the LIBRA affair. Investigators described him as a key intermediary connecting multiple actors. 

His communications included exchanges with President Milei and Karina Milei, as well as with Davis, Terrones Godoy, Morales, and Julian Peh, the Singaporean CEO of KIP Protocol.

However, the forensic examination was hindered by significant data deletion. Experts informed Prosecutor Taiano that numerous messages, files, and even entire conversations had been permanently erased from devices belonging to Novelli and other defendants. 

Among the missing exchanges were communications between Novelli and Cardano (ADA) founder Charles Hoskinson. After the LIBRA collapse, Hoskinson publicly accused Novelli and Terrones Godoy of demanding five-figure dollar payments in exchange for arranging a meeting with President Milei during the Tech Forum. 

According to Hoskinson, they suggested that “magical things WOULD happen” if he agreed. He declined. Investigators were unable to recover those deleted conversations in full.

Featured image from BBC, chart from TradingView.com