Interpol Issues Red Notice Request for LIBRA Scandal Figure Hayden Davis

The LIBRA meme coin controversy escalates as Argentine lawyer Gregorio Dalbón has requested an Interpol Red Notice for Hayden Davis, a key figure in the token's collapse. Key points include:

  • The request aims to locate and detain Davis globally for extradition from the U.S.
  • Dalbón filed the petition with lead prosecutor Eduardo Taiano and Judge María Servini, citing Davis as a flight risk due to financial resources.
  • Investor losses justify immediate legal action as LIBRA's price declines sharply.
  • Nansen reports that LIBRA insiders profited while ordinary investors faced significant losses.
  • Davis acknowledged using market manipulation tactics but claimed they aimed to stabilize the token.
  • LIBRA's team is linked to other questionable projects, including MELANIA, accused of being a rug pull.
  • Authorities have frozen millions in crypto related to the scheme.
  • Ben Chow, co-founder of Meteora, resigned amid the fallout.
  • If approved, the Red Notice would flag Davis in 195 countries, signaling international law enforcement pursuit.

The ongoing situation continues to impact investor confidence and the broader cryptocurrency landscape in Argentina.