Hayden Davis Eyes Nigeria After Argentine Token Scandal

• Kelsie Ventures, responsible for the controversial Libra launch, had plans to expand the project to another continent, specifically Nigeria.
• CEO Hayden Davis was in talks with Nigerian government officials to launch a SOL-based memecoin, although it’s not confirmed if President Bola Tinubu was involved.
• The Argentine incident has led to serious political repercussions for President Javier Milei, including fraud complaints and an impeachment request filed in Congress.
• Due to the negative press from Argentina, it is unlikely Nigeria will proceed with Kelsie Ventures’ new token launch.

Kelsie Ventures, the company behind the launch of Libra—the failed altcoin launch that caused turmoil of backlash for Argentine President Javier Milei—reportedly had plans to expand the project to another continent. 

According to reports from TheBigWhale, Kelsie Ventures’ CEO Hayden Davis was in talks with members of the Nigerian government to launch a similar project in the nation. While the report does not confirm that Nigeria’s President Bola Tinubu had any involvement in it—Hayden Davis and members of his administration were already in works for launching a similar SOL-based memecoin.

Since the events unfolded in Argentina, President Javier Milei could be facing serious repercussions for his alleged involvement in the token launch. The political opposition in Argentina has already filed fraud complaints against the President, as well as formally filing an impeachment request in Congress. 

Given the negative P.R. from the South American incident, it is unlikely that Nigeria will continue to work with Kelsie Ventures to launch a new token. However, with growing interest in digital assets and the global shift towards blockchain technology, other countries or private investors might still pursue similar ventures, leveraging lessons learned from the Argentine case.

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