Argentine Court Orders Forensic Probe Into President Milei’s Phones in LIBRA Scandal

Argentina's federal prosecutors have escalated their investigation into the LIBRA meme coin collapse, targeting President Javier Milei's potential involvement. A forensic examination of his mobile devices has been ordered to uncover communications with key figures linked to the project.

The probe focuses on possible insider trading and misleading promotions that contributed to significant investor losses. Investigators will scrutinize exchanges between Milei and LIBRA promoters Hayden Mark Davis, Mauricio Novelli, and Manuel Terrones Godoy during critical phases of the cryptocurrency's launch and subsequent downfall.

Parallel legal actions are underway in both Argentina and the United States, with the investigation extending to Milei's inner circle including Karina Milei and former securities advisor Sergio Morales. The case represents one of the most high-profile cryptocurrency-related investigations involving a sitting head of state.