Argentine President Javier Milei has come under public scrutiny due to the Libra cryptocurrency scandal. An investigation reveals that he had prolonged financial dealings with lobbyist Novelli, with transaction amounts increasing after he took office. Milei had previously promoted Libra and related projects, and both Congress and the judiciary have now launched investigations into the matter.

Argentina's President Milei is allegedly suspected of accepting a $5 million bribe in connection with promoting the LIBRA token. The evidence comes from digital forensics of the phone of cryptocurrency lobbyist Mauricio Novelli. Documents show the bribe was paid in three installments and included plans to have Milei deny statements related to the money.

The Argentine House of Representatives investigation committee released a report accusing President Milei of providing key collaboration for the Libra project, resulting in a loss of $107 million. The report associates KIP Protocol, suggesting that the government is evading regulation. Milei denies the accusations and is currently undergoing a judicial investigation with the founder of Libra.