The long central table in the room had a speaker located in the centre that played a rap playlist. There were a few jars of candy scattered around. Around them, about twenty people were frantically looking at their laptops, concentrated, racing against the clock. There was a deadline for 4:00 p.m.(local time), wich was approaching at full speed. By that time, everything had to be loaded. Someone was in charge of finishing the website, others made the calls. A couple explained how to create digital wallets to those not yet on board.All of them were between 20 and 30 years old except for one, somewhat older, who did not actively participate, but He celebrated the commission he could take. He estimated that it might very well be about 100 million dollars.

At 16.37 all the protocols were finished loading. Someone tipped off the point man. There was a moment of party and relief. From that room located on the ground floor of a hotel outside of Dallas had just launched the $LIBRA token. There were just a few minutes left before the president of Argentina, Javier Milei, would share it and the real dance would begin.

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The $LIBRA case: meetings in Dallas, a post by Milei and Justice

The narration is done by Clarion in a strict off the record, K., one of the few people who participated in this working group in which the Vivalalibertadproject was launched. Provides details about the times and calls that occured that afternoon; shows photographs from the day of the launch and gives details about the behind-the-scenes of the afternoon of February 14, exactly 10 months ago. One of them confirms that Two Argentine emissaries were there: businessmen Manuel Terrones Godoy and Mauricio Novelli, who were link between Milei and Hayden Davis.

A photo,to which you have access Clarion,It shows the three of them alongside Gideon Davis,HaydenS brother and another of those responsible for the launch. Novelli has a football-like T-shirt with a blue 11 printed on the chest,while Terrones Godoy has a white kangaroo with a star similar to the Dallas Cowboys logo. Hayden is sitting on one of the headboards. He has the same black and white jacket with which, the next day, he will record a video trying to give his explanations about the case.

The start-up to launch the $LIBRA token had already started a few days before. Throughout that week in February, Hayden and a team of about 25 people held working dinners to lay the groundwork at high-end restaurants. They were meals that local businessmen cooked with Crypto twenty-somethings wearing watches worth up to a million dollars on the wrists, as described.

On the day of the launch, in the decision room were Gideon, Hayden, Charles, Novelli, Terrones Godoy and twenty other people. Moast of them were working fast to launch the project. The vivalalibertadproject site, such as, had been acquired that same day. Until two hours before the launch of $LIBRA there was still someone fine-tuning it.

According to this source, Novelli and Terrones Godoy acted as a link between Davis and Milei. They were the ones they informed him what was happening. For that reason, they were in and out of the Cypress room all the time.

In the living room,there were also some other curious people and extras. To some of them they explained how to make solana wallets to be able to buy tokens as $POUND. The atmosphere was festive.

Despite the secrecy they attempted within the team, that Davis was going to release a token backed by Milei was vox popular in certain circles linked to memecoins, as they had reconstructed Clarion different traders who operate with these risk assets, more similar to a casino. To avoid those who could have privileged information several fake tokens were minted to distract. Crypto analyst Fernando Molina had detected that Davis’ wallets also created other tokens such as $ARG or $MILEI.

At 6:38 p.m. (Argentine time) $LIBRA was created of which 1,000,000,000 tokens were minted. Immediately afterward they began moving between some accounts to prepare for the launch. The liquidity pool to make purchases and sales was ready at 6:40 p.m.

“There we all got scared and everything flew into the air,” K remembers. The initial euphoria turned into a climate of defeat and total tension. Lilia Lemoine was one of the first to confirm on X that Milei had not been hacked. Then it was the President himself who ratified the post to the Bloomberg agency.

terrones Godoy and Novelli were, according to K.’s reconstruction, those who were in contact with Milei. When talk of a crypto scam began to spread on social media, They tried to write a press release for Hayden davis to share, in which he mentioned that Milei had nothing to do with the project. Davis’s surroundings rejected the narrative that the two Argentine emissaries were trying to force.

At some point during the night, they both went down to a bar in the hotel lobby for a drink, stayed a while longer, and then they left of the place. Hours later they traveled back to the country. According to the migration registry, both They arrived together in Argentina on Sunday morning on American Airlines flight 931 from Miami.

Novelli and Terrones Godoy were contacted by Clarion in recent weeks to verify their version, but they declined to comment.

In Dallas, while the Argentines distanced themselves, a improvised crisis committee where each party threw out ideas on how to get out of the problem. As in the entire project, there was a floating area of amateurismo.

Until then, Hayden’s name was not linked to the scandal.Only the signature appeared on the Vivalalibertadproject website Kip Protocol, owned by Singaporean businessman Julian Peh. They were to take charge of the distribution of token profits to Argentine companies. but the launch also caught them by surprise. A few hours later, they ignored of the matter with a statement.

The $LIBRA Crypto Scheme and its Ties to the Argentine Government

The recent collapse of the $LIBRA cryptocurrency has unveiled a complex web of deceit and potential government involvement. Following the exposure of Portnoy’s public wallets, crypto forensics quickly traced the blockchain, identifying Hayden Davis as a key figure behind the operation. Within 24 hours, the entire scheme began to unravel, with connections emerging to other similarly launched tokens, including $MELANIA, linked to the former First Lady of the United States.

In the aftermath, Davis attempted to engage with the Argentine government, seeking guidance on how to proceed. During an interview with Coffeezilla, he admitted to being in a precarious situation, stating, “I am making decisions for the Argentine Government that washed its hands.” He claimed he was prepared to return funds if requested, but received no direction from officials.

A partner involved with $LIBRA reportedly expressed a desire to offload $110 million USD and voiced fears for their safety. The Davises maintained a high level of secrecy throughout the ordeal.

The situation has escalated into legal battles, with court cases initiated in Argentina and the Southern District of New York. Davis, along with benjamin Chow, founder of the Meteora platform, are accused of forming an illicit association and committing fraud. Clarion’s attempts to reach Davis and his legal representatives have been unsuccessful.

The origins of the scheme can be traced back to the Tech Forum Argentina,where President Javier Milei has a pre-existing relationship with one of the key players,Novelli. Novelli is the founder of N&W Professional Traders, a consulting firm and trading school offering stock market courses. Milei himself was a professional economist before entering politics.

$LIBRA Case: Lobbyists, Crypto, and a Presidential Meeting

The investigation into the $LIBRA cryptocurrency case continues to unfold, revealing connections between lobbyists, financial transactions, and a meeting with Argentine President Javier Milei. The case centers around allegations of payments made to Hayden Davis for representing the Argentine state.

The Silence

After initial public attention, those directly involved largely stopped speaking about the case. Novelli and Terrones Godoy didn’t answer questions from the press, even though they continued working in their respective fields. Novelli received an award recognizing him as one of the best traders in the region, and Terrones Godoy kept up his YouTube channel focused on finance and cryptocurrency.

$LIBRA: WE IDENTIFY TRANSFERS THAT COULD BE THE PAYMENTS AGREED WITH DAVIS TO REPRESENT THE ARGENTINE STATE.

Today, at the Investigative Commission on cryptocurrency $LIBRA we address new key information for the investigation.based on the data provided by…
https://t.co/KbWdiu3sXj

– maxi ferraro 🎗️ (@maxiferraro) November 4, 2025

The Situation in Justice

The Congressional Investigative Commission examining the $LIBRA case repeatedly emphasized the need to focus on the two lobbyists. The commission’s investigation identified cryptocurrency wallets belonging to novelli and traced USDT transactions exceeding $1 million linked to Hayden Davis on January 30, 2024. This date is significant as both Novelli and Davis met with president Javier Milei at Casa Rosada that day.

Based on these findings, lawyer Martín Romeo, representing the victims, requested the arrest and investigation of Novelli and Terrones Godoy. However, federal judge Marcelo Martínez de Giorgi denied the request.