The document aims to contribute to the economic and technological development of Argentina, aligned with global decentralization trends. In a broader context, the agreement is linked to suspicious financial movements: wallets attributed to Davis sent over a million dollars in cryptocurrencies to Argentine intermediaries, who funneled funds to a suspected 'crypto cave'. The Congressional Commission also detected transfers coinciding with monthly payments to individuals close to the $LIBRA project, questioning the government's transparency in adopting digital technologies. __IP__The scandal erupted after the collapse of $LIBRA, which caused losses for investors and put the executive branch's relations with crypto figures under scrutiny. Buenos Aires, January 30 (NA) – A confidential agreement signed on January 29, 2025, between President Javier Milei and crypto entrepreneur Hayden Davis reveals that the latter offered free advisory services on blockchain and artificial intelligence to the Argentine state, with an emphasis on confidentiality and the possibility of future negotiations. According to Noticias Argentinas agency, the document, signed just days before the $LIBRA token launch, is part of a crypto scandal involving million-dollar transfers and parallel payments under investigation by the prosecutor's office and Congress. The agreement details 'pro bono' services from Davis, including the automation of administrative processes through smart contracts, the secure digitization of public documents such as property titles and certificates, fostering digital innovation ecosystems for local startups, and training programs for public officials in these technologies. Ongoing investigations aim to clarify if there were irregularities in these parallel agreements. Special for Noticias Argentinas agency. Davis, co-founder of Kelsier, expressly renounces any remuneration and commits to keeping the information secret, except by legal authorization. This information was published by the newspaper Clarín, which accessed the full text of the document and disseminated it in a note highlighting its connection to the collapse of the $LIBRA token, initially spurred by a tweet from Milei that was later deleted. The pact was signed during Davis's lightning visit to Buenos Aires, following a meeting at the Casa Rosada, and leaves open the extension of the advisory to other areas within his expertise.
Milei and Davis's Secret Blockchain Deal at Center of Argentine Crypto Scandal
Argentina's President Javier Milei and crypto entrepreneur Hayden Davis signed a secret agreement for free blockchain and AI advisory services. This document, published by Clarín, is at the center of a major scandal involving the collapse of the $LIBRA token and suspicious million-dollar transfers.