Argentine prosecutor seeks to freeze $110 million in proceeds tied to Libra memecoin scandal: report
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Argentine prosecutor seeks to freeze $110 million in proceeds tied to Libra memecoin scandal: report
Publish date
12:00am, Thursday, March 6, 2025
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Prosecutor seeks asset freeze and records in Milei LIBRA case
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Hayden Davis, CEO of Kelsier Ventures, appears to have played a central role in the Libra scandal and in getting the president to promote it. In a video posted to X in February, Davis claimed he was Milei's advisor and worked closely with the president’s team. A photo of Milei with Hayden Davis was also posted on Milei’s X account in January and now appears to have been deleted. In an interview with YouTube investigator Stephen Findeisen, also known as Coffeezilla, Davis also said he is the custodian of all the proceeds from LIBRA’s collapse, worth over $110 million. Davis admitted to holding around $100 million in stablecoins from the token’s launch and $13 million in LP fees, totaling roughly $113 million.
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Taiano has requested the freezing of over $110 million in proceeds from Libra’s launch, according to local media outlet Clarín. Taiano also intends to recover deleted social media posts, including Milei’s initial endorsement, and requested phone records and visitor logs from the presidential residence and office
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