Global Arrest Warrant Request Intensifies LIBRA Controversy
13.03.2025 06:49
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.
In the short term, LIBRA is expected to experience increased volatility and a probable price decline as legal uncertainties and reputational damage weigh on investor sentiment. Over the long term, if judicial outcomes provide regulatory clarity and enforce accountability, there may be potential for stabilization and even recovery. However, the history of pump-and-dump practices and the involvement of controversial figures suggest that any rebound will be cautious and dependent on improved governance and transparent market practices.
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