$251M LIBRA Token Scandal:  Argentina Seeks Interpol Arrest for Libra Founder Hayden Davis!

LIBRA token co-founder Hayden Davis has become subject to an international arrest warrant after lawyer Gregorio Dalbon filed his formal request in Argentina. The recent announcement emerged after the LIBRA cryptocurrency gained billion-dollar value through fraudulent tactics that eventually led to its total collapse. The petition arrived at prosecutor Eduardo Taiano and Judge María Servini from well-respected Argentine attorney Gregorio Dalbon, who requested an Interpol Red Notice for Davis. 

LIBRA Token: From Viral Hype to Crypto Controversy

Immediately following the LIBRA token’s debut on February 14, 2025, President Javier Milei of Argentina endorsed the cryptocurrency on social media platforms, making the token notorious. When the LIBRA token launched, it instantly gained incredible value that surpassed $4 billion in market capitalization. The token’s creators ended up controlling most of its supply, which prompted people to claim an intentional market manipulation scheme.

LIBRA experienced a rapid price collapse soon after reaching its highest value, causing significant losses to investors who held millions. According to reports, the sell-off of LIBRA resulted in $251 million worth of investor losses, while many people blamed Kelsier Ventures and its leader, Davis, for the collapse. Davis acknowledged earning approximately $100 million from LIBRA’s rise before it crashed down but maintained he neither owned nor sold the tokens himself.

A leaked text reveals that Davis proclaimed to pay Karina Milei, the president’s sister, to enlist her brother Javier to promote the coin. Through denial, Davis has stated that his phone does not contain any evidence of such payment to Milei. The promotion period and immediate market collapse initiated claims of clandestine governmental interference among Argentine political leaders.

Legal Action and Calls for International Arrest

Amid the ongoing LIBRA token scandal, more than four lawsuits have been filed both domestically and internationally in Argentina. Dalbon asserts that Davis must face immediate legal consequences because of his role in the corruption scandal for which he served as legal counsel for former President Cristina Fernández de Kirchner.

🇦🇷An Argentine lawyer has requested an INTERPOL Red Notice for the arrest of Hayden Davis, a crypto entrepreneur linked to the LIBRA scandal.

The crypto saga in Argentina just got international. pic.twitter.com/zz5boUbtTm

— Coin Bureau (@coinbureau) March 13, 2025

Judicial officials filed this request to expedite the legal process required for obtaining United States detention and eventual extradition of Davis, who resides within U.S. jurisdiction. Authorities have issued the request to prevent Davis from potentially using his wealth to escape prosecution. This comes as they continue studying the LIBRA token development, including its advertising, followed by its market collapse.

Through his petition, Dalbon demonstrates that Davis represents a high-flight risk based on his financial means and worldwide networking ability. He states that Davis would vanish from the United States once freedom is obtained, rendering all attempts to hold him responsible virtually futile. The Interpol Red Notice request constitutes a vital legal step because it would create a worldwide effort to capture and detain Davis. Interpol Red Notices require individual assessment from each nation as local laws and international treaties determine their response to such requests.

What’s Next for LIBRA and the Crypto Industry?

The LIBRA token scandal caused investors across Argentina to lose confidence and exposed weaknesses in crypto market regulations. Davis remains firm in his denial of wrongdoing, yet increasing pressure from legal authorities indicates that this case will have broad-ranging effects on the cryptocurrency sector.

An approved Interpol Red Notice would establish new standards for worldwide cooperation between law enforcement departments that pursue crypto-related fraud. The proposed measure would represent a substantial transition, as previous crypto scams endured because of a lack of regulations and jurisdictional barriers.

Future regulations will probably implement stricter standards for cryptocurrency advertising while increasing protection measures for retail investors who face market manipulation risks. The court cases against LIBRA continue without any resolution regarding Hayden Davis’ fate. This ongoing investigation will warn investors about dangers in unregulated crypto markets while demonstrating how celebrity endorsements can have severe negative impacts.