TechFlow reported on February 19 that according to CoinDesk, Hayden Davis, CEO of Kelsier Ventures and a key figure behind the Libra token, previously claimed in text messages that he was able to "control" the decisions of Argentine President Javier Milei by making payments to the president's sister, Karina Milei.
After the launch and subsequent plunge of the Libra token, Davis denied these allegations through a spokesperson, stating he never paid any money to the president or his sister and calling the claims a politically motivated attack.
During the early stages of the token's release, wallets controlled by Hayden Davis and Kelsier Ventures made over $100 million in profits. The token plunged more than 95% after reaching a high of $5, causing significant losses for speculative investors. Currently, Argentina's opposition parties are threatening to initiate impeachment proceedings against the president over the matter.
