Key takeout
- Javier Milei's Crypto Advisor is said to have influenced him through payments to his sister.
- The Libra token collapsed, and insiders extracted more than $107 million in liquidity.
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According to a report by Coindesk, Hayden Davis, CEO of Kelsier Ventures, co-creator of Libra Meme Coin, co-creator of Kelsier Ventures, has sent a message a few months before the token collapse. It is said that it was sent.
“I control that n****,” Davis said, “I send $$ to his sister, sign whatever I say, and do what I want.” .
The Libra Token, launched on the Solana blockchain, reached a market capitalization of $4.5 billion after Milei approved it on social media on February 14, 2025.
The value of the token fell by more than 90% within hours, with insiders reportedly extracting more than $107 million in liquidity.
Davis previously admitted to holding $100 million in profits from the token launch, and said he is unsure what he will do with the funds after Mylay's team allegedly abandoned the project. .
US authorities are considering jurisdiction over the case, thanks to Davis's American citizenship and the involvement of US-based investors.
Blockchain analysts tied Davis to another failed memocoin launch.
The Argentine government has not formally responded to Koindsk's report, but Karina Elizabeth Mairi remains silent on the allegations.
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