Authorities in Argentina are reportedly looking to initiate the arrest of Hayden Davis, who was allegedly involved in pump-and-dump schemes for at least two memecoins.
An Argentinian prosecutor has filed a request with a judge to issue an Interpol “Red Notice” – or an international arrest warrant – for Davis because of his involvement with Argentinian president Javier Milei-inspired LIBRA and US First Lady Melania Trump-backed MELANIA, Forbes reports.
Hayden admitted to backing the launch of LIBRA and, according to on-chain analysts, was also involved in launching MELANIA – both of which crashed mere hours after launch and are down 92% and 94% from their highs, respectively.
Says prosecutor Gregorio Dalbón,
“I’m here to request the immediate detention of Hayden Mark Davis, a citizen of the United States, who is accused of being one of the principal actors behind the launch of the cryptocurrency LIBRA…
The possibility that Davis will abandon his country of residence or hide to avoid answering for his alleged acts appears to be aggravated by the economic resources he possesses, which he can use to move or remain in hiding, hindering our investigation.”
President Milei quickly disavowed LIBRA, claiming that he was essentially deceived into backing its launch.
Said Milei in Spanish,
“I was not aware of the details of the project and after having become aware of it I decided not to continue spreading the word (that is why I deleted the tweet).
To the filthy rats of the political caste who want to take advantage of this situation to do harm, I want to say that every day they confirm how vile politicians are, and they increase our conviction to kick them in the a**.”
Forbes says that Davis, his brother Gideon and his father Charles didn’t respond to a request for comments.
Follow us on X, Facebook and Telegram
Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
Credit: Source link
