Argentine Prosecutor Requests Interpol Red Notice for Hayden Davis
An Argentine prosecutor has requested an Interpol “Red Notice” for Hayden Davis, linked to the controversial LIBRA memecoin, which has embroiled President Javier Milei in a political scandal.
LIBRA Memecoin Scandal
- The request by prosecutor Gregorio Dalbón alleges Davis played a key role in launching LIBRA, which Milei endorsed on Valentine’s Day.
- LIBRA's market capitalization surged over $4.5 billion post-endorsement but later dropped more than 99% to around $18 million.
- Insider selling occurred shortly after the endorsement, raising concerns about market manipulation.
- Dalbón fears Davis may evade justice due to his financial resources, warranting the urgency of the Red Notice.
- A Red Notice requests member countries to locate and provisionally arrest individuals pending extradition.
Federal Investigation Launched Into Javier Milei’s Endorsement
- Davis has not publicly addressed the allegations; his family members also remain silent.
- The incident is complicated by connections to former President Donald Trump, who launched his own memecoin, TRUMP.
- Davis claims to be an advisor to Milei and admits to launching another memecoin associated with Melania Trump.
- A federal investigation into Milei’s endorsement of LIBRA is underway, although both deny wrongdoing.
The current trading price of LIBRA is $0.060, down over 90% from its all-time high.