Buenos Aires, Feb 14 (NA) – On the anniversary of the Libra scandal, the memecoin that President Javier Milei called to invest in before it plummeted, the case still has no one called to testify. In January, Federal Chamber's Sala I ordered Judge Marcelo Martínez de Giorgi to update the seizure amounts within the next 90 days, following a motion by plaintiff Juan Grabois, who had challenged the seizure amounts against accused Hayden Davis, Mauricio Novelli, and Manuel Terrones Godoy. Martínez de Giorgi, who is handling the case initially led by Judge María Servini de Cubría, had set the seizures against Davis, Novelli, and Terrones Godoy at around 37 million pesos. Meanwhile, Argentine justice must also decide whether to accept as plaintiffs two Belarusian citizens who claim to have lost two million dollars by trading with LIBRA. These are Krasutskaya Sviatlana Vitalievna and Lapchenko Vladislav Andreevich. There is also another case for alleged fraud being handled by Judge Jennifer Rochon in the Southern District of New York. In this case, President Milei himself; the Secretary General of the Presidency, Karina Milei; businessman Julian Peh, as well as Davis, Terrones Godoy, and Sergio Morales Morales, a former official of the National Securities Commission, have been denounced.
At the end of January, a confidential agreement signed on January 29, 2025, between President Javier Milei and Hayden Davis also leaked, revealing that the latter had offered free advisory services on blockchain and artificial intelligence to the Argentine state, with an emphasis on confidentiality and the possibility of future negotiations. The document, signed just days before the launch of Libra, is part of a crypto-scandal involving multimillion-dollar transfers and parallel payments under investigation by the prosecutor's office and Congress. The agreement details 'ad honorem' 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.
In this document, 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 an article highlighting its connection to the collapse of Libra, initially spurred by a tweet from Milei that was later deleted. This agreement was signed during a lightning visit by Davis to Buenos Aires, following a meeting at the Casa Rosada, and leaves open the possibility of extending the advisory to other areas within his expertise.
