An Argentine prosecutor has requested an Interpol Red Notice for Hayden Davis, linked to the controversial memecoin LIBRA endorsed by Javier Milei. Following a brief surge in value, LIBRA experienced a dramatic decline, leading to investigations into Milei’s actions. Both Davis and Milei deny any misconduct regarding their cryptocurrency activities.
An Argentine prosecutor has requested that a judge issue an Interpol “Red Notice” for Hayden Davis, a U.S. cryptocurrency figure associated with the launch of a memecoin known as LIBRA. This particular token was notably endorsed by Javier Milei, leading its market capitalization to exceed $4.5 billion shortly thereafter. However, LIBRA’s value subsequently plummeted by over 99%, now standing at approximately $18 million.
Following the surge in value, blockchain analysts noted that several insiders, who possessed tokens prior to Milei’s endorsement, liquidated substantial quantities shortly after the announcement. Hayden Davis admitted on his social media that he was involved in the launch of LIBRA and also claimed to have assisted in the creation of a memecoin linked to Melania Trump.
Following the launch of LIBRA, a federal judge in Argentina initiated an investigation into Javier Milei. Both Milei and Hayden Davis have publicly rejected any allegations of wrongdoing related to their involvement with the cryptocurrency.
The situation surrounding Hayden Davis and his connections to the cryptocurrencies endorsed by Javier Milei and Melania Trump raises significant legal and ethical questions. The swift rise and subsequent fall of LIBRA highlight the volatile nature of the cryptocurrency market. Both individuals maintain their innocence amid ongoing investigations following the memecoin’s dramatic fluctuations.
Original Source: www.inkl.com
