Does Javier Milei Exploit the Founder of the LIBRA token?

The creator of LIBRA token, Hayden Davis, claimed to have paid Karina Milei, the sister of Argentine President Javier Milei, to access the president’s inner circle and influence government decisions, according to messages reviewed by CoinDesk. A text message reviewed by CoinDesk shows that Davis is believed to have boasted about his influence over President Milei, claiming that he could make him sign and promote anything in exchange for a payment to Karina Milei. In the mid-December message, Davis is said to have written: “I control that black guy. I sent $$ to his sister, and he signed whatever I said and did whatever I wanted.” These messages come from an anonymous source. However, Davis denies sending them, saying he has no record of such messages on his phone. His spokesperson then issued a statement: “Recent media reports that I paid President Javier Milei or his sister, Karina Milei, to launch the memecoin LIBRA are completely untrue.” LIBRA Token and its sudden collapse Launched on the Solana blockchain, LIBRA reached a market capitalization of $4.5 billion before dropping 95% within a few hours. Davis and his company, Kelsier Ventures, are said to have made over $100 million from the fluctuations of this token. Reports indicate that Davis’ group dumped a large amount of LIBRA tokens before the price collapsed, raising concerns about insider trading. Blockchain analysts revealed that eight wallets associated with the LIBRA group withdrew 107 million dollars before the collapse. Participation and feedback from Milei Chairman Milei promoted LIBRA on X (formerly Twitter) on February 14, driving a strong increase in this token. However, he deleted the tweet just five hours later. In an interview, he distanced himself from the project, declaring: I don’t promote that. I just spread information. Opposition leaders argue that his credibility is very important in deceiving investors, some calling for an impeachment. The incident, called “Criptogate,” has shaken the financial market in Argentina. Legal experts accuse Milei of participating in an “unlawful association” designed to defraud investors. The case is currently under review by Argentina’s criminal justice system. In response, the Milei government has requested an investigation into corruption for all government officials related to LIBRA. However, critics argue that this is a desperate attempt to control the damage.