- Hayden Davis opens up about the Libra token launch
- Accusations of fraud against Javier Milei escalate
- Threats and doxxing leave Davis fearing for his family’s safety
The backlash from the launch of the new cryptocurrency Libra has left many investors dissatisfied. Initially promoted by Argentina’s President Javier Milei, the sudden drop in value a few hours after the endorsement led many in the community to blame the project for allegedly dumping tokens.
Milei himself is suffering backlash, with the political opposition in Argentina accusing the President of fraud. One man who is also in hot waters is Hayden Davis, CEO of Kelsier Ventures, the company behind Libra’s launch.
In a recent interview with Dave Portnoy on his YouTube channel, Davis opened up about the situation and tried to explain his side of the debacle.
Despite Javier Milei posting that he had no relationship with the launch of Libra, and that he was only “supporting a private enterprise”, Davis points out that he and Miley were planning the launch of the token together, and that part of the reason why the coin dropped is that the Argentine suddenly ghosted the Kelsier Ventures CEO.
“There were three stages that were planned. One was the first Milei tweet. The second was the second Milei tweet, which was supposed to be a video,” Davis said. “I was told that Milei did not say this directly to me, but his team, the people representing him, did. And then there was supposed to be a third wave of a bunch of extremely influential people. I’m not going to name all of them.”
This statement directly contradicts Javier Milei’s version of the events. Also, it raises questions about the transparency and communication between the two parties, leaving investors and the public in a state of confusion and mistrust.
Hayden Davis Receiving Threats After Debacle
Davis later revealed during the interview that is currently sitting on over $100 million from the token’s liquidity, an amount that according to him hasn’t been touched. According to him, insiders involved in the launch of the token have advised him to not touch the funds, as they belong to Argentina.
He later revealed that he is being threatened and doxxed and that he fears for the well-being of his family, “I don’t feel safe,” he told Portnoy.
When Dave Portnoy asked the CEO who was threatening him, Davis responded: “People who don’t want me touching the money.”
The entrepreneur later apologized, saying he was sorry for how things turned out. According to him, he was told by Javier Milei’s team that the currency would help local businesses in Argentina. Given this, he had high hopes that this project would give the token utility, past only market speculation.
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