Allegations of Influence Over Argentine President by Creator of Libra Memecoin
Hayden Davis, a prominent figure associated with the Solana-based Libra memecoin, has been accused of claiming to have control over Argentine President Javier Milei, as reported by local media outlet La Nación on Feb. 18.
Boasting About Influence and Payments
The report details Davis boasting about paying Karina Milei, President Milei’s sister and a significant figure in his administration, in order to manipulate the country’s leader.
According to the report, Davis allegedly sent messages to an unnamed executive from a crypto firm, asserting that his financial support to Karina Milei allowed him to exert influence over the President. The leaked messages suggest that Milei would comply with Davis’s demands due to the payments made.
“I control that n****. I send $$ to his sister and he signs whatever I say and does what I want.”
Denial of Financial Arrangements
Despite the serious allegations, Davis has reportedly denied any financial dealings with the Mileis. His spokesperson, Michael Padovano, refuted the claims, stating that Davis has no memory of sending such messages and found no evidence of them on his phone.
Padovano further emphasized that the President and his sister were solely focused on ensuring that the token would benefit Argentina’s economy.
Response and Distance
While Karina and Javier Milei have not directly addressed these allegations, President Milei has distanced himself from the Libra situation, asserting his innocence and maintaining that his actions were done in good faith.
Managing Fallout from Libra Memecoin
Another report from La Nacion highlighted Davis’s efforts to contain the fallout from the collapse of the Libra memecoin by maintaining open communication with Milei’s government.
The discussions reportedly involved assurances that the President would refrain from publicly accusing Davis of any wrongdoing. Plans were made to send an envoy for further discussions, and Davis was advised to avoid making media appearances.
Following an interview with YouTube investigator Stephen Findeisen, where Davis defended the collapse of the Libra token as a business failure, further controversy arose. Davis mentioned his involvement in the MELANIA token and suggested insider trading opportunities related to TRUMP.
These developments have heightened legal debates and caused upheaval in Argentina’s financial markets, with the S&P Merval index dropping by over 5% in the aftermath of the incident.
