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Crypto Advisor Sits on $100M Dilemma

Controversy Surrounds LIBRA Token and $100 Million Fund

  • The Solana-based token LIBRA reached a $4 billion market cap before its value collapsed.
  • Hayden Davis, CEO of Kelsier, is linked to the token’s launch and holds $100 million in funds.
  • Five digital wallets containing $87 million worth of Solana and USDC were identified by Bubblemaps.
  • Three wallets still hold $82.9 million in assets; two wallets were emptied of significant USDC amounts.
  • Davis claims the funds are meant for reinvestment into LIBRA but awaits further instructions.

The LIBRA token’s rapid rise and fall have led to accusations of market manipulation, with Hayden Davis managing $100 million intended for reinvestment. Despite the controversy, Davis insists the funds belong to Argentina and not him personally.

Source (2.6)https://decrypt.co/306412/javier-milei-meme-coin-advisor-hayden-davis-100m?rand=52368
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