{"id":6745,"date":"2025-03-13T19:13:50","date_gmt":"2025-03-13T19:13:50","guid":{"rendered":"https:\/\/cryptonewsdesk.com\/?p=6745"},"modified":"2025-03-13T19:13:52","modified_gmt":"2025-03-13T19:13:52","slug":"argentina-requests-interpol-red-notice-for-libra-co-creator-hayden-davis","status":"publish","type":"post","link":"https:\/\/cryptonewsdesk.com\/index.php\/2025\/03\/13\/argentina-requests-interpol-red-notice-for-libra-co-creator-hayden-davis\/","title":{"rendered":"Argentina Requests Interpol Red Notice for LIBRA Co-Creator Hayden Davis"},"content":{"rendered":"\n<p>An <strong>Argentine lawyer<\/strong> has formally requested an <strong>Interpol Red Notice<\/strong> against <strong>Hayden Davis<\/strong>, the <strong>co-creator of LIBRA<\/strong>, in connection with the controversial cryptocurrency\u2019s <strong>rapid rise and collapse<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Legal Action Against Hayden Davis<\/strong><\/h3>\n\n\n\n<p>According to a <strong>March 12 report<\/strong> from local media outlet <strong>P\u00e1gina 12<\/strong>, <strong>attorney Gregorio Dalbon<\/strong>, known for representing <strong>former Argentine president Cristina Fern\u00e1ndez de Kirchner<\/strong>, submitted the request to <strong>prosecutor Eduardo Taiano and Judge Mar\u00eda Servini<\/strong>.<\/p>\n\n\n\n<p>An <strong>Interpol Red Notice<\/strong> is a <strong>global alert<\/strong> requesting <strong>law enforcement agencies worldwide<\/strong> to <strong>locate and provisionally arrest an individual<\/strong>. Similar notices have been issued in <strong>high-profile crypto cases<\/strong>, including the one against <strong>Terraform Labs\u2019 Do Kwon<\/strong>.<\/p>\n\n\n\n<p>In court documents, <strong>Dalbon<\/strong> alleged that Davis played a <strong>\u201ccentral role\u201d<\/strong> in the <strong>creation and promotion of the LIBRA token<\/strong> and posed a <strong>\u201cprocedural risk\u201d<\/strong> due to his <strong>financial resources<\/strong>, which could allow him to <strong>evade authorities or go into hiding<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>LIBRA\u2019s Controversial Rise and Fall<\/strong><\/h3>\n\n\n\n<p>LIBRA became a <strong>national controversy<\/strong> after <strong>Argentine President Javier Milei<\/strong> shared the token on social media <strong>minutes after its launch<\/strong>, fueling speculation that his endorsement <strong>contributed to its meteoric rise<\/strong>. However, the token\u2019s price <strong>crashed soon after<\/strong>, erasing <strong>$4.4 billion in market capitalization<\/strong> and leaving <strong>thousands of investors with heavy losses<\/strong>.<\/p>\n\n\n\n<p>According to <strong>blockchain analytics firm Nansen<\/strong>, <strong>86% of LIBRA traders lost money<\/strong>, amounting to a <strong>combined $251 million<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Allegations of a Pump-and-Dump Scheme<\/strong><\/h3>\n\n\n\n<p>Critics allege that <strong>Davis and other insiders<\/strong> orchestrated a <strong>pump-and-dump scheme<\/strong>, holding the <strong>majority of the token\u2019s supply<\/strong> and selling their holdings at the <strong>peak price<\/strong>, leaving <strong>retail investors with severe losses<\/strong>.<\/p>\n\n\n\n<p>Davis recently resurfaced after weeks of silence, announcing that he has <strong>hired legal representation<\/strong> and plans to <strong>address the case<\/strong>. His legal team includes <strong>Brian Klein of Waymaker Law<\/strong>, a firm specializing in <strong>complex financial crime cases<\/strong> involving the <strong>SEC and the U.S. Justice Department<\/strong>.<\/p>\n\n\n\n<p>In a statement, <strong>Davis denied any wrongdoing<\/strong>, claiming he <strong>\u201conly wanted and sought the success\u201d<\/strong> of LIBRA and had <strong>no intent to defraud investors<\/strong>, according to the <strong>P\u00e1gina 12 report<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>President Milei and the LIBRA Investigation<\/strong><\/h3>\n\n\n\n<p>Meanwhile, <strong>President Javier Milei<\/strong> has also denied <strong>any involvement in the alleged scheme<\/strong>, insisting that he merely <strong>\u201cspread the word\u201d<\/strong> about the token rather than <strong>formally promoting it<\/strong>.<\/p>\n\n\n\n<p>As previously reported by <strong>crypto.news<\/strong>, <strong>prosecutor Eduardo Taiano<\/strong> has stated that authorities plan to <strong>freeze approximately $110 million in assets<\/strong> as part of an ongoing <strong>investigation into Milei\u2019s potential involvement<\/strong> in the LIBRA scandal.<\/p>\n\n\n\n<p>With an <strong>Interpol Red Notice request now in motion<\/strong>, the case against <strong>Hayden Davis<\/strong> could take on <strong>international dimensions<\/strong>, placing increased scrutiny on the <strong>role of LIBRA\u2019s creators and their financial dealings<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An Argentine lawyer has formally requested an Interpol Red Notice against Hayden Davis, the co-creator of LIBRA, in connection with the controversial cryptocurrency\u2019s rapid rise and collapse. Legal Action Against Hayden Davis According to a March 12 report from local media outlet P\u00e1gina 12, attorney Gregorio Dalbon, known for representing former Argentine president Cristina Fern\u00e1ndez&#8230;<\/p>\n","protected":false},"author":3,"featured_media":6750,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[507,509,508],"class_list":["post-6745","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-finance","tag-argentina","tag-hayden-davis","tag-interpol"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Argentina Requests Interpol Red Notice for LIBRA Co-Creator Hayden Davis - Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonewsdesk.com\/index.php\/2025\/03\/13\/argentina-requests-interpol-red-notice-for-libra-co-creator-hayden-davis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Argentina Requests Interpol Red Notice for LIBRA Co-Creator Hayden Davis - Crypto News\" \/>\n<meta property=\"og:description\" content=\"An Argentine lawyer has formally requested an Interpol Red Notice against Hayden Davis, the co-creator of LIBRA, in connection with the controversial cryptocurrency\u2019s rapid rise and collapse. 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