Federal prosecutors in Argentina are investigating allegations linking Javier Milei to the promotion of the LIBRA cryptocurrency in 2025. Phone records reportedly show seven calls between the president and entrepreneur Mauricio Novelli around the time of a social media post endorsing the token, raising questions about prior coordination. Recovered documents also suggest a financial arrangement tied to endorsements and advisory roles, though Milei has not been formally charged and has not publicly responded to these claims. After his endorsement, the value of the cryptocurrency soared but then crashed, leading to substantial investor losses. The investigation has also drawn attention to the disbanding of a government task unit which had been examining related issues. Parliamentary hearings are expected to explore the matter further, as concerns grow over transparency, accountability, and governance.