Libra Token Co-Creator Allegedly Paid Argentine President Milei’s Sister
Hayden Davis, CEO of Kelsier Ventures, claimed to have gained influence over Argentine President Javier Milei by making payments to his sister, Karina Milei. In text messages from December, Davis stated he could control Milei, asserting that he could secure promotion for ventures on social media.
- The Libra token launched on February 15, aiming to fund small businesses in Argentina.
- Davis and Kelsier Ventures reportedly made over $100 million during the token's initial surge to $5, before it crashed by over 95%.
- An anti-corruption investigation into Javier Milei has been initiated due to these claims.
- Opposition leaders in Argentina are considering impeachment over the incident, termed "critpogate".
- The scandal has negatively impacted Argentina's stock market and prompted Milei to engage in damage control.
Milei's promotional tweet about Libra was deleted within five hours after evidence of questionable transactions emerged, leading to the token's price collapse.