Argentine authorities have initiated the process for an international arrest warrant for Hayden Davis, accused of financial misconduct linked to the $LIBRA cryptocurrency.
Argentina Pursues International Arrest Warrant
Argentinian authorities have requested an international arrest warrant for Hayden Davis, suspected of involvement in the $LIBRA cryptocurrency collapse. Lawyer Gregorio Dalbon filed a petition for the warrant and Davis's extradition to Argentina, supported by prosecutor Eduardo Taiano and Judge María Servini. The main argument is the high flight risk due to Davis's financial resources.
Political and Legal Fallout of the $LIBRA Scandal
The collapse of $LIBRA led to significant legal repercussions in Argentina. President Javier Milei faced fraud charges for allegedly promoting the token. Although he denied involvement, claiming he only shared information, U.S. authorities have initiated investigations into potential financial crimes related to $LIBRA.
Financial Gains and Controversial Claims
Reports indicate Davis profited around $100 million from the launch of $LIBRA. However, he denies ownership of the tokens and claims there are no disclosed transactions with Karina Milei, who was involved in promoting the token. Allegations of payment for support were dismissed by Davis, but they remain under investigation.
The situation surrounding the $LIBRA cryptocurrency is significantly impacting both politics and the market. Argentina continues to seek justice and prosecution of those responsible for this financial scandal.
