Argentinian attorney Gregorio Dalbon has reportedly requested a worldwide arrest warrant for Hayden Davis, the co-founder of the LIBRA token that provoked a political uproar in the nation.
Dalbon filed a petition with prosecutor Eduardo Taiano and judge María Servini, who are investigating President Javier Milei’s involvement in the memecoin, demanding that an Interpol Red Notice be issued for Davis, as reported by local media Página 12 and Perfil on March 11.
In the submission, Dalbon highlighted a “procedural risk” if Davis remained at liberty, suggesting he could access significant funds that might enable him to either escape the US or conceal himself.
“His pivotal role in the development and promotion of the $LIBRA cryptocurrency, combined with the global ramifications of the case, heightens the possibility that he may attempt to evade justice,” the document reportedly indicated.
Dalbon, who represented former Argentine president Cristina Fernández de Kirchner in her corruption trial, requested Davis’ apprehension and for “an Interpol red notice [to] be issued to locate and detain him, aimed at his extradition.”
Interpol is the largest international law enforcement body and can issue Red Notices that call upon law enforcement agencies globally to locate and temporarily arrest an individual.
LIBRA is a token that Milei promoted across his social media platforms moments after its inception on Feb. 14, leading to a peak valuation exceeding $4 billion. The token’s creators controlled the majority of the supply and quickly liquidated their assets, resulting in the token’s value to plummet, with many accusing the token of being a pump-and-dump scheme.
Hayden Davis (left) appears alongside Argentine President Javier Milei. Source: Javier Milei
Shortly thereafter, multiple attorneys allegedly lodged fraud accusations against Milei in an Argentinian criminal court for endorsing the token, while other lawyers filed complaints against the president for financial crimes to local authorities and to the US Justice Department.
Related: Memecoins may be currently inactive, but they’ll return: CoinGecko
Milei asserted he did not “promote” the LIBRA token and maintained he merely “shared information” about it.
In a comprehensive interview days after LIBRA’s downfall with YouTuber Stephen Findeisen, known as “Coffeezilla,” Davis defended the token as a failure rather than a fraudulent act.
Davis and his company, Kelsier Ventures, emerged as the primary beneficiaries from the LIBRA token launch. He claimed to Findeisen that he accrued around $100 million but stated he did not possess the tokens and would not be selling them.
It was subsequently reported that he texted boasting about being able to compensate Milei’s sister, Karina Milei, to have the president disseminate details about the memecoin on X. Davis later claimed he had no record of this conversation on his phone and refuted any payments made to the Mileis.
Magazine: Influencers endorsing memecoin scams face serious legal repercussions
