Lawyer Pursues Global Arrest Order for Hayden Davis, Connected to LIBRA Project
Argentine Attorney Requests Interpol Action Against Hayden Davis Over Collapsed LIBRA Meme Token
Argentine attorney Gregorio Dalbón has requested an Interpol red notice for Hayden Davis, the CEO of Kelsier Ventures, following allegations of financial mismanagement and market manipulation surrounding the launch of the Argentine meme token LIBRA.
Dalbón cited a "procedural risk" for his request, arguing that Davis, who is accused of playing a central role in creating and promoting the token, could access large sums of money, making it possible for him to flee the U.S. or go into hiding.
The investigation into Davis, Argentine President Javier Milei, and LIBRA has been ongoing, with local media reporting on a possible connection between Milei and the "joke coin." Dalbón reached out to prosecutor Eduardo Taiano and Judge María Servini, who are investigating the case.
Kelsier Ventures, the primary beneficiary of the LIBRA launch, accumulated over $100 million in crypto assets following the token's release. Davis later admitted to paying the Argentine president's sister to promote the meme coin.
Further complicating the matter, local media reported speculation about a U.S. Department of Justice investigation into Milei, LIBRA founders Davis and Julián Peha of KIP Protocol, and two Argentine businessmen, Mauricio Novelli, and Manuel Terrones Godoy, in relation to the project. President Milei denies endorsing LIBRA, stating that he only “shared” information, while KIP Protocol has also denied any involvement in the project.
In a related development, a U.S. federal court has frozen approximately $57.65 million worth of USDC stablecoin in a class action case linked to the LIBRA scandal. Class action lawsuits against Kelsier Ventures have resulted in a Temporary Restraining Order and the freezing of up to $110 million in identified proceeds. The active U.S. legal scrutiny and law enforcement involvement indicate an ongoing investigation into the matter.
The investigation into LIBRA’s collapse is a complex case involving allegations of rapid market manipulation and financial mismanagement, erasing millions in investor funds. Authorities are tracing suspicious transactions, identifying beneficiaries, and conducting a forensic reconstruction of financial activity during the token’s peak trading days, aiming to recover deleted social media posts and map the full flow of funds. As the case unfolds across multiple jurisdictions, further developments are expected.
The Argentine attorney, Gregorio Dalbón, has requested Interpol's involvement in the investigation of Hayden Davis, the CEO of Kelsier Ventures, due to the ongoing case of LIBRA meme token's collapse, which involves allegations of financial mismanagement and market manipulation. As Davis is accused of playing a central role in the project and may have access to substantial funds, this request aims to prevent him from fleeing or hiding. The case also encompasses general-news topics such as politics, as it is connected to the Argentine President Javier Milei, and crime-and-justice, due to the ongoing legal scrutiny and possible investigations involving Davis and others.
