Key LIBRA Figure: 'The Missing $100M is Not My Money'

Source
Uk Jin

Summary

  • Hayden Davis claimed that LIBRA token's collapse occurred in connection with Argentine President Javier Milei.
  • Regarding the missing $100 million from LIBRA token, Davis estimated it to be Argentina's funds rather than his own, stating the legal ownership is unclear.
  • LIBRA token's rapid rise and fall resulted in a 95% crash within a short time due to Kelcier Capital's sniping operation, causing significant losses to investors.
Dave Portnoy (left) interviews Hayden Davis (right). /Photo=Dave Portnoy YouTube capture
Dave Portnoy (left) interviews Hayden Davis (right). /Photo=Dave Portnoy YouTube capture

Hayden Davis, the person responsible for the Argentine meme coin LIBRA that caused major controversy in the cryptocurrency market last weekend, has attributed the series of events caused by LIBRA to Argentine President Javier Milei.

According to Cryptopolitan on the 17th (local time), Hayden Davis, in an interview with Dave Portnoy, claimed about LIBRA's collapse, "LIBRA was a project with President Javier Milei. It was a long-term project, and President Milei was in charge of promotion. However, an incident occurred, and President Milei's side blocked additional liquidity injection."

He further claimed, "After the incident, Milei deleted all his tweets and distanced himself from the project, resulting in me taking all the blame."

Meanwhile, regarding the whereabouts of the $100 million that disappeared from the LIBRA token, he maintained that it wasn't his money. Hayden stated, "As far as I know, the funds belong to Argentina. However, it's not clear who legally owns it, and I don't know how to handle it."

However, Dave Portnoy, who conducted the interview, remained skeptical, saying, "If you have $100 million right now, I can't understand doing nothing while having the money."

Previously last weekend, Hayden Davis and his team Kelcier Capital launched the LIBRA token. When President Milei introduced the project as a "private project for Argentina," the LIBRA token surged to $5 within an hour of launch. However, this surge was due to Kelcier Capital's sniping operation (quick bulk purchase and profit realization immediately after launch), and it ultimately crashed 95% within an hour, drawing investors' outrage.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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