Interpol Red Notice Sought for LIBRA Token Founder in $251M Crypto Scandal
Argentine lawyer Gregorio Dalbon has requested the international arrest of Hayden Davis over LIBRA token's collapse, which caused significant investor losses and political fallout in Argentina.
- Hayden Davis, the founder of the LIBRA cryptocurrency, faces a formal request for an Interpol Red Notice to secure his detention and extradition from the U.S.
- Argentine lawyer Gregorio Dalbon argues Davis poses a flight risk due to his financial resources and foreign residence, urging expedited legal action.
- The LIBRA token, which once reached a $4.4 billion market cap, collapsed by over 95%, resulting in estimated investor losses of $251 million.
- Argentine President Javier Milei, who had promoted LIBRA in a now-deleted tweet, is under scrutiny as the scandal has led to allegations of a 'rug pull' and calls for his impeachment.
- Authorities have already frozen $100 million in crypto assets linked to the case, as legal proceedings escalate against Davis and others involved.