Argentine federal judge María Servini has ordered banks to disclose President Javier Milei’s and his sister Karina’s financial records as part of a probe into an alleged LIBRA cryptocurrency fraud tied to millions in losses.
Argentine Judge Orders Financial Disclosure of President Milei in LIBRA Fraud Case
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Argentine President Milei Skips Mediation as Judge Seeks Financial Records in Crypto Scam
Local media reports that a federal Judge María Servini requested Argentina’s Central Bank to lift secrecy on President Javier Milei’s accounts and those of his sister, Karina, amid a widening investigation into the alleged meme coin LIBRA cryptocurrency scam. The order, filed under seal, seeks transaction records dating to 2023 and includes asset freezes for three other suspects: businessman Mauricio Novelli, ex-regulatory adviser Sergio Morales, and Youtuber Manuel Terrones Godoy.
The daily newspaper, Página 12, stated that neither Milei nor his sister attended a Thursday mediation hearing with victims, potentially paving the way for civil lawsuits. Authorities linked Novelli’s mother and sister to surveillance footage showing them entering a Buenos Aires bank branch with empty bags on Feb. 17 and leaving with filled containers. The footage, reviewed by prosecutors, coincided with a raid that found emptied safety deposit boxes allegedly tied to the scheme.
A federal police report noted the bags appeared “visibly bulkier” upon exit. The Mileis’ absence at the mediation, organized for 25 victims claiming $4.5 million in losses, drew criticism. Only Terrones Godoy’s lawyer attended the virtual session. Legal experts say their no-show could prompt additional complaints. Prosecutor Eduardo Taiano is overseeing the investigation, which focuses on transactions following Milei’s Feb. 14 tweet promoting LIBRA.
The LIBRA meme coin token, launched on the Pump.fun platform, is widely considered to have been a pump-and-dump scam rather than a legitimate project. The token’s value collapsed weeks later, triggering fraud allegations. Victims’ lawyer Nicolás Oszust called the mediation a “critical step toward accountability.” Meanwhile, Servini’s orders mark the first direct legal scrutiny of Milei’s finances since he took office in 2023.
