Argentina wants Davis really bad.
Argentine president Javier Milei promoted the coin alongside Davis.
It crashed and people lost a lot of money.
Argentine President Javier Milei poses with Crypto Entrepreneur Hayden Mark Davis.© Javier Milei via X.
Now Milei isfacing possible impeachment, and Davis is facing possible extradition.
Gregorio Dalbon filed the request with Interpol this week and argued that Davis posed a unique flight risk.
According to Dalbon, the 28-year-old crypto entrepreneur has the money and the inclination to flee justice.
A Red Notice is like an international arrest warrant.
If granted, it would mean that authorities in the U.S. could arrest Davis and ship him to Argentina.
Davis created the $LIBRA memecoin and got Milei to promote it on Valentines Day.
Its value skyrocketed to a market cap of $4.5 billion before crashing hard to $18 million.
More than 10,000 people lost around $250 million.
Davis, of course, sold just before the crash and said hepocketed $100 million.
$LIBRA wasnt Daviss first pump and dump meme coin scheme.
In January, following the launch of President Donald Trumps $TRUMP memecoin, Davis launched $MELANIA.
Investors thought that First Lady Melania Trump had launched her own memecoin similar to her husbands.
But it was just Davis doing his thing.
Like $LIBRA, $MELANIA soared and then crashed.
Davis and Milei werent secret about their relationship.
A report from CoinDesk claimed that Davisbragged aboutdog-walking Milei.
I control that n, Davis allegedly said in atext viewed by CoinDesk.
I send $$ to his sister and he signs whatever I say and does what I want.
Davis bad behavior is legendary in the crypto community.
Hayden ordered almost everything that was super expensive in the menu, Enamakel said on X.
When the food came, I never saw a person eat so much sushi so quickly.
When the bill came, David hid in the bathroom.
The moment he paid, Davis returned and said the next meal was on him.
After that he then went ahead [and] screwed up my NTF launch, Enamakel said.
I should have known better.
The Argentineinvestigationinto $LIBRA started a few days after Milei promoted it online.
The probe is investigating whether Milei and Davis conspired to commit fraud.
Possible charges for Davis could include bribery and influence peddling.
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