NYT Reports Argentina’s Javier Milei Had Seven Calls With LIBRA-Linked Entrepreneur
Argentine prosecutors added allegations of a $5 million promotion draft and sharp investor losses tied to LIBRA, as congressional hearings resumed on April 8 amid the ongoing federal investigation.
Fact Check
The user’s statement closely matches the fetched BlockBeats report, which explicitly attributes to The New York Times the claims about seven calls with Mauricio Novelli, a suspected payment recording, and draft fund-allocation documents. The fetched Buenos Aires Times article independently corroborates key components: it reports leaked prosecution materials recovered by digital forensics from Novelli’s phone, references a draft agreement and payment scheme, and states there were seven calls between Novelli and Milei on the LIBRA launch day. Search results for the New York Times article also align with this framing. However, because https://www.nytimes.com/2026/04/06/world/americas/argentina-milei-crypto-libra.html could not be successfully fetched in this run, the central NYT source is not directly validated here. That prevents a high-confidence conclusion, but the convergence of BlockBeats, Buenos Aires Times, and NYT search snippets makes the claim likely true.
Summary
Argentina’s LIBRA investigation expanded with prosecutors tying Javier Milei to seven calls with Mauricio Novelli and citing a $5 million draft tied to promotion of the token. LIBRA briefly reached a $4.6 billion market capitalization before dropping more than 90%, and about 114,000 wallets recorded combined losses of $251 million. Congress resumed hearings on April 8 as scrutiny of Milei’s links to the project intensified. Milei remains under federal investigation and has not been charged, according to the existing topic information.
Terms & Concepts
- LIBRA: The crypto-related project at the center of the Argentine investigation involving founders, communications records, promotional materials, and investor losses.
- market cap: Short for market capitalization, this measures a token’s total market value based on its circulating supply and current price.
- wallets: Blockchain addresses or accounts used to hold and transfer digital assets; here, they refer to addresses that suffered losses tied to LIBRA.