Before LIBRA's implosion, a small collection of wallets holding most of the token supply cashed out. Crypto entrepreneur Hayden Davis, of marketing services and investment firm Kelsier, admitted that he ended up with a stash of $100 million from the project.

Hayden Davis, CEO of Kelsier Ventures, played a central role in the Libragate scandal by allegedly securing President Javier Milei’s endorsement of the LIBRA memecoin, claiming to be Milei’s advisor, and later admitting of holding approximately $113 million in proceeds from the token’s collapse