The LIBRA token scandal bring a global manhunt for Hayden Davis

-

Listen up, guys, the LIBRA token debacle just got a whole lot more interesting. Argentina’s on the hunt for Hayden Davis, the mastermind behind this crypto catastrophe, and they’re not messing around.

Most wanted

They’ve filed for an Interpol Red Notice, which means Davis is about to become a wanted man in 195 countries. So, if you see him walking down the street, you might just want to call the cops.

Davis created the LIBRA token, which promised the moon but delivered nothing but heartache. Retail investors lost hundreds of millions of dollars when it all came crashing down.

Meanwhile, Davis and his buddies were raking it in, using slick tactics like automated bot purchases to manipulate the market.

They claimed it was to prevent a crash, but let’s be real, it was likely all about lining their pockets.

Person of interest

Now, Argentina’s not just going after Davis, but they’re also pointing fingers at his connections to other shady crypto projects.

There’s talk of a token called MELANIA, which was allegedly another scam.

And get this, LIBRA insiders were even chatting with Nigerian officials about launching a similar token. It’s like they thought they could pull off the same scam twice.

Aftermath

The ripple effects are real, too. Ben Chow, co-founder of Meteora, just resigned, showing how deep this scandal cuts into the crypto world.

If Interpol gives the green light, Davis will be on every law enforcement radar globally. It’s not an actual arrest warrant tho, but it’s a warning sign that says, “Hey, this guy’s trouble.”

Either way, the crypto world’s got some serious cleaning up to do. Scams like LIBRA are giving the whole industry a bad name. And for Davis? Well, he might want to think about laying low for a while.

Have you read it yet? SEC hits the brakes on crypto ETFs, no XRP and Solana funds yet

Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.

LATEST POSTS

US “Tech Force” Shock: Coinbase and Robinhood Join Washington’s 1,000 Worker Push

The US Tech Force launched this week with support from private companies, including Coinbase and Robinhood, as the federal government moves to fill technology skill...

SAFE Crypto Act Targets Crypto Scams With New Federal Task Force

Two US Senators introduced the SAFE Crypto Act to tighten coordination against crypto scams and crypto fraud. The proposal would link the US Treasury, FinCEN,...

Visa’s Stablecoin Sidekick: Calling All Banks to the Crypto Party!

Imagine that you're a wide-eyed banker in the ordinary world of fiat drudgery, shuffling paper checks like some forgotten relic from the '80s. Enter Visa,...

MetaMask Adds Bitcoin Support After a 10 Month Wait

MetaMask confirmed it now supports Bitcoin in MetaMask wallet. The Ethereum focused wallet expanded its asset support again. MetaMask shared the rollout on social media on...
132FollowersFollow

Most Popular

Guest posts