On the anniversary of the scandal's eruption, the book seeks to reconstruct a plot that, it is claimed, could still have major judicial and political repercussions. 'History of a Trap' (Editorial Planeta) is an investigation that reconstructs the origin and collapse of the cryptocurrency that generated one of the biggest recent political and financial scandals in Argentina, after being promoted in 2025 by President Javier Milei through his official account on the social network X. The episode goes back to February 14, 2025, when the head of state publicly recommended the $LIBRA token, presented as an initiative to finance Argentine companies. For about four hours, various officials and leaders of the 'La Libertad Avanza' political space replicated the President's message, until the value of the digital asset plummeted. Among them, operations prior to the presidential tweet, sudden withdrawals of liquidity, and a complex network of digital wallets are mentioned, which would have allowed hiding profits obtained in the first hours of the asset's circulation. One of the central points of the case is the link between the project's creators and people close to the presidential environment. The collapse left thousands affected and led to judicial investigations in both Argentina and the United States. According to a collective lawsuit filed in New York, some 75,000 people would have been harmed by the scheme. In this context, the book argues that the legal cases opened in both countries point to a presumed fraud scheme exceeding 100 million dollars. Alonso's investigation examines documents, expert reports, and testimonies that, according to the author, would show coordinated movements surrounding the token's launch. 'In the best-case scenario, they'll get an ankle bracelet, or in the worst, a common prison cell,' he stated, referring to the potential criminal liability that the courts could determine. For Alonso, the episode has already become a landmark case that exposes the gray areas of the crypto ecosystem and the relationship between political power, financing, and technology. According to the book's reconstruction, the impact was immediate: in just two hours, some accounts are said to have made profits close to eight million dollars, while more than 114,000 digital wallets participated in the operation. The frenzy, however, was short-lived. Financier Hayden Mark Davis is identified as one of the token's promoters, while the names of Mauricio Gaspar Novelli and Manuel Terrones Godoy are also mentioned, who are said to have held meetings at the Casa Rosada after negotiations attributed to the Secretary of the Presidency, Karina Milei. In radio statements, Alonso affirmed that the core of the scandal lies in the dissemination of a private business from an official state account. 'The president gets nervous because he cheated,' the journalist emphasized, noting that the promotion of the crypto asset was carried out from an account with institutional identification. The author also warned about the possible judicial consequences of the case. Buenos Aires, March 16 (NA) – Journalist Juan Alonso published '$LIBRA'.
