Argentine lawyer Gregorio Dalbon calls for Interpol to arrest LIBRA co-founder Hayden Davis amid the cryptocurrency's collapse.
Interpol Arrest Request
Attorney Gregorio Dalbon, noted for representing former Argentine President Cristina Fernández de Kirchner, filed a request via prosecutor Eduardo Taiano and Judge María Servini for Interpol to arrest Hayden Davis, co-founder of the LIBRA cryptocurrency.
Controversial Role in LIBRA Project
Court documents indicate Davis had a 'central role' in creating and promoting the LIBRA token, posing a 'procedural risk' due to his financial resources, which makes him a potential flight risk.
Context and Responses from Involved Parties
The LIBRA token became a national controversy after Argentine President Javier Milei shared it on social media shortly after its release, allegedly contributing to its rapid rise. However, the token's price soon crashed, wiping out $4.4 billion in market capitalization and leaving investors at a loss. Hayden Davis released a statement maintaining his innocence and announced he has hired a legal team to defend him. Milei denies wrongdoing, stating he only 'spread the word' about the token.
The LIBRA incident highlights the risks of investing in cryptocurrencies without due diligence. Future developments will rely on international law enforcement investigations.
