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LIBRA and Argentine President: Fake Payments and Memecoins

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by Giorgi Kostiuk

2 days ago


Argentina finds itself in the spotlight due to an alleged connection between one of the LIBRA cryptocurrency's creators and President Javier Milei and his sister.

Messages and Allegations

According to La Nacion, Hayden Davis, associated with the LIBRA token and CEO of Kelsier Ventures, sent text messages claiming the ability to pay President Javier Milei's sister Karina for 'control' over him. The messages include phrases like 'I send money to his sister, and he does what I want.' Davis denies these accusations and claims he doesn’t recall sending such messages.

Javier Milei's Response

Argentine President Javier Milei has denied claims that he promoted the LIBRA token. Despite fraud lawsuits filed against him, he insists he only 'spread the word.' In an interview with Todo Noticias, Milei stated he has 'nothing to hide,' but acknowledged there's something 'to learn' from the experience, including the need to set filters on appropriate conduct.

LIBRA and Its Consequences

The LIBRA token once peaked with a $4.5 billion market cap before crashing 95%. Founders, including Davis, reportedly netted about $100 million. Davis claims he doesn't own the tokens. Milei remarked that issues stemming from the token launch should concern only those involved, stating 'the state plays no role here.'

The situation surrounding the LIBRA token and Javier Milei raises important questions about transparency and ethics in the world of cryptocurrency and national politics.

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