Global Arrest Warrant Request Intensifies LIBRA Controversy

Mar 13, 2025, 6:49 a.m. 8 sources
An Argentine lawyer, Gregorio Dalbon, has called for an Interpol Red Notice against Hayden Davis, the co-creator of LIBRA, amid allegations of financial misconduct and regulatory evasion. The request comes as part of investigations linked to political scandals involving high-profile figures such as President Javier Milei, heightening legal and reputational risks. LIBRA, which surged to a peak value after being promoted on social media and quickly collapsed following pump-and-dump allegations, now faces renewed scrutiny. In the short term, the news is likely to trigger heightened volatility and a price decline due to legal uncertainties, while long-term effects will hinge on the outcomes of judicial proceedings and investor confidence in regulatory reforms.
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