The co-creator of Libra Token claimed he paid to Argentine President Mairay's sister

The key player behind Libra Token boasted of purchasing access to the inner circle of Argentine President Javier Miley months before Memecoin's scandalous launch and crash.

In a text message reviewed by Coindesk, Kelsier Ventures CEO Hayden Davis said he could “control” Milei because he had paid Karina Milei, a powerful figure in Milei's government, not to mention the president's sister. I insisted.

“I control that n****,” Davis insisted in a text message in mid-December, saying, “I sent $$ to his sister and he signed anything I say.” , do what I want to do.”

Following the publication of this article, Davis spokesman Michael Padovano told Koindsk that he could not recall Davis sending such a message and did not have a record of sending it on his phone. Ta.

The statement continued: “The recent media reports that I claimed I paid President Javier Miley or his sister President Carina Miley to launch Libra Memocoin is completely wrong. Securing revenue from Libra is a thing of the 100%. It will benefit Argentinean people and the economy.”

“This is nothing more than a politically motivated attack on President Mailey.”

Karina Milei's office did not respond to requests for comment.

It was unclear whether the money was exchanged between Davis and Milei's inner circle prior to the release of Libra.

Davis' December adds a new dimension to the anti-corruption probes opened to Javier Miley, and on February 15th, the fateful as a new way to fund the country's small and medium-sized enterprises. Libra codes attracted attention.

However, the biggest winners from the launch of Solana-based Memecoin were Davis and Kelsier Ventures. The entity-controlled wallet won over $100 million in the early hours of Libra, surged to $5, crashed more than 95%, wiping out millions of dollars in speculative investments.

Argentine opposition leaders have threatened to seek a perpetual trial on a case that local news outlets have been creating “cliptogization.” The scandal weighed on the Argentine stock market and forced Mairay into “damage control,” said an observer with the country's crypto space.

In a text message in December, Davis claimed he could get a My Ray to promote ventures on social media. Milei's tweet about Libra two months later helped drive that rise. When he deleted the tweet just five hours later, and after on-chain detectives discovered evidence of a shady trade, Libra's prices had already crashed.

Updated (February 18, 2025, 23:55 UTC): This article has been updated with a comment from Hayden Davis. He denied paying President Miley or his sister.