Interpol Red Notice Sought for LIBRA Meme Coin Mastermind Amid 90% Token Plunge

An international arrest warrant has been sought for Hayden Davis, the alleged mastermind behind the LIBRA meme coin scandal. Argentine lawyer Gregorio Dalbón filed the request, seeking an Interpol Red Notice for Davis. This move comes as the LIBRA token continues to plummet in value, causing significant financial losses for investors. Dalbón's petition argues that Davis poses a significant flight risk due to his financial resources and foreign residence, and that his central role in creating and promoting LIBRA reinforces allegations of insider profit.

The scandal has deeply implicated President Javier Milei’s administration, which publicly promoted the LIBRA token shortly before its catastrophic price crash. The case has sparked major controversy, with authorities already moving to freeze approximately $100 million in crypto linked to the scheme. Blockchain analysis firm Nansen reported that retail investors suffered staggering losses, while wallets associated with Davis and another key figure, Kelsier, extracted significant profits before the token’s collapse.

Blockchain investigator Bubblemaps uncovered evidence of market manipulation, citing tactics such as “sniping” – using bots to buy tokens early and control liquidity. Davis admitted to these tactics, claiming they were designed to prevent an immediate collapse and reinvest liquidity once President Milei resumed promoting the token. However, this strategy failed, leaving retail investors with heavy losses while insiders suffered substantial gains.

Further investigations linked the LIBRA meme coin team to other controversial crypto projects. Reports indicate connections between LIBRA insiders and MELANIA. The LIBRA team reportedly discussed launching a similar token with the Nigerian government, raising concerns about repeated exploitative crypto ventures across multiple countries. The ripple effects of the scandal have also led to significant shake-ups in the crypto industry, with Ben Chow, co-founder of the decentralized finance platform Meteora, recently resigning amid the controversy.

If Dalbón’s request for a Red Notice is approved, Interpol will distribute it to its 195 member countries. While a Red Notice does not mandate arrests, it signals to law enforcement agencies worldwide that Davis is wanted for extradition. The LIBRA meme coin scandal has sent shockwaves through the political and financial spaces, highlighting the risks and controversies surrounding meme coins and the broader crypto ecosystem.