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Alleged Influence Scandal Involving Libra Token and Argentine President

Explore the controversy surrounding Hayden Davis and the Libra token's impact on Argentine politics.
Published on 2025-02-19

Alleged Influence Scandal Involving Libra Token and Argentine President

Allegations of Influence

Hayden Davis, CEO of Kelsier Ventures and a key figure in the Libra cryptocurrency, faces accusations of attempting to influence Argentine President Javier Milei through his sister, Karina Milei. Text messages purportedly from Davis suggest a plan to sway the president's actions in exchange for payments to Karina, who serves as the general secretary of the presidential office.

Responses from Involved Parties

Both Davis and the Milei siblings have denied these allegations. Davis claims no record of such messages and refutes any payments. President Milei maintains he merely discussed the token without promotion, emphasizing his good faith and advocating for clearer conduct standards.

Implications of the Controversy

The Libra token, once valued at $4.5 billion, has faced scrutiny despite its initial success. Davis asserts no ownership or intent to sell Libra tokens. The controversy highlights challenges in cryptocurrency regulation and political influence, affecting both the token's reputation and Argentina's political landscape.

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