Overview
- The document, signed Jan. 29–30, 2025 at the Casa Rosada, names U.S. crypto entrepreneur Hayden Davis as an ad honorem advisor on blockchain and AI under strict confidentiality.
- The signing occurred roughly 15 days before the $LIBRA launch that President Javier Milei briefly promoted on X, after which the token spiked and then crashed, generating heavy investor losses.
- Blockchain-tracing cited by investigators shows 1,014,000 USDC moved that same day from wallets attributed to Davis to an Argentine intermediary, who routed the funds within hours to a suspected cueva cripto.
- Argentina’s congressional ‘Libra’ commission and prosecutor Eduardo Taiano are pursuing parallel inquiries, and some lawmakers contend Taiano had related materials as early as November.
- Milei has not explained how he obtained the token’s code or his links to intermediaries and lobbyists, while a New York class action alleges Davis boasted of influence over the president and payments to his sister.