Libra memecoin scandal deepens as token co-creator says he controlled Javier Milei through payments – report

Hayden Davis, a cardinal fig down the Solana-based Libra memecoin, is astatine the halfway of allegations suggesting helium reportedly claimed to person power implicit Argentine President Javier Milei, section media outlet La Nación reported connected Feb. 18.

The study noted that Davis boasted astir paying Karina Milei—President Milei’s sister and a cardinal subordinate successful his administration—to power the country’s leader.

According to the report, Davis sent messages to an unnamed crypto steadfast executive, claiming that his fiscal enactment to Karina Milei gave him leverage implicit the President. In the leaked messages, Davis allegedly stated that Milei would comply with his demands due to the fact that of the payments.

One of the messages reads:

“I power that n****. I nonstop $$ to his sister and helium signs immoderate I accidental and does what I want.”

Despite the explosive claims, Davis has reportedly denied fiscal arrangements with the Mileis.

His spokesperson, Michael Padovano, dismissed the allegations arsenic false, stating that Davis has nary recollection of sending specified messages and recovered nary grounds connected his phone.

Padovano further asserted that the President and his sister were lone funny successful ensuring the token benefited Argentina’s economy.

Karina and Javier Milei person yet to code these claims directly. However, President Milei has since distanced himself from the Libra situation, denying immoderate wrongdoing and insisting that helium acted successful bully faith.

Controlling Libra memecoin fallout

Meanwhile, different La Nacion report pointed retired that Davis had been successful interaction with Milei’s squad to incorporate the Libra memecoin fallout.

The study said discussions progressive assurances that the President would not publically impeach Davis of misconduct. Plans were besides made to nonstop an envoy for further talks, and Davis was reportedly advised to debar media appearances.

This study came aft Davis took portion successful an interview with YouTube researcher Stephen Findeisen, wide known arsenic “Coffeezilla.” In the discussion, helium argued that the Libra token’s illness was a concern nonaccomplishment alternatively than a scam.

During the interview, Davis admitted engagement successful the MELANIA token and suggested that TRUMP had an insider trading opportunity.

Meanwhile, his remarks person lone added to the controversy, arsenic the illness of the Libra token has already sparked ineligible debates and shaken Argentina’s fiscal markets. The country’s S&P Merval scale dropped by much than 5% pursuing the incident.

The station Libra memecoin ungraded deepens arsenic token co-creator says helium controlled Javier Milei done payments – report appeared archetypal connected CryptoSlate.