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Reading: Authorities Target Hayden Davis as LIBRA and MELANIA Investigations Heat Up
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COINTURK NEWS > Cryptocurrency Law > Authorities Target Hayden Davis as LIBRA and MELANIA Investigations Heat Up
Cryptocurrency Law

Authorities Target Hayden Davis as LIBRA and MELANIA Investigations Heat Up

In Brief

  • Legal actions are in process against Hayden Davis related to LIBRA and MELANIA.

  • Prosecutor Gregorio Dalbón seeks an international arrest warrant for Davis.

  • President Javier Milei has distanced himself from the LIBRA project after recent revelations.

Fatih Uçar
Fatih Uçar 2 months ago
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Legal actions are underway against Hayden Davis, accused of playing a role in the victimization associated with LIBRA and MELANIA. Argentine prosecutors have initiated steps based on allegations that Davis engaged in activities causing a rapid depreciation of the projects’ values.

Contents
LIBRA and MELANIA InvestigationsAuthorities’ Additional Statements

LIBRA and MELANIA Investigations

Prosecutor Gregorio Dalbón has sought an international arrest warrant for Davis. He expressed concerns that Davis might use his financial resources to flee abroad and evade capture.

Gregorio Dalbón: “We demand the immediate detention of Hayden Mark Davis. His potential to leave the country complicates the investigation.”

According to analyses, Davis was involved not only in the LIBRA project but also in the launch of MELANIA. Reports indicate that both projects experienced significant value loss shortly after their market debut.

Authorities’ Additional Statements

Argentine President Javier Milei stated he withdrew his support after learning about the association with the LIBRA project. He clarified that he was unaware of the project’s details and expressed his desire to distance himself from the situation.

Javier Milei: “I was not informed about the project. After learning the details, I ended my support.”

According to reports from Forbes, Davis and family members have refrained from commenting on the matter, reinforcing the implications of official statements. As the investigation progresses alongside the request for an international arrest warrant, there is keen interest in the measures to prevent similar actions in the future. Legal proceedings and the statements made may lead to varied public interpretations in the coming times.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Fatih Uçar 17 March, 2025 - 2:08 am 17 March, 2025 - 2:08 am
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