Verify a decision

{"actor":"system:backfill","investigation_id":"0cee50ed-f881-42c4-9398-ac0c3a4b30c5","kind":"publish","page_slug":"hayden-davis","published_at":"2026-05-30T18:32:45.642Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"Hayden Davis","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://en.wikipedia.org/wiki/Hayden_Davis","type":"other","url":""},{"credibility":3,"name":"https://www.thestreet.com/crypto/policy/this-28-year-old-made-100m-launching-a-token-with-argentina-president-javier-milei","type":"other","url":""},{"credibility":3,"name":"https://www.batimes.com.ar/news/economy/counterfeiting-and-cult-murder-family-behind-milei-memecoin-has-chequered-past.phtml","type":"other","url":""},{"credibility":3,"name":"https://www.chaincatcher.com/en/article/2168495","type":"other","url":""},{"credibility":3,"name":"https://www.dlnews.com/articles/people-culture/man-behind-milei-memecoin-also-worked-on-melania-trump-coin/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://en.wikipedia.org/wiki/$Libra_cryptocurrency_scandal","type":"other","url":""},{"credibility":3,"name":"https://buenosairesherald.com/politics/libra-the-timeline-of-a-crypto-scandal-thats-rocking-the-milei-government","type":"other","url":""},{"credibility":3,"name":"https://blog.bubblemaps.io/how-hayden-davis-rugged-libra-for-100m-with-president-milei/","type":"other","url":""},{"credibility":3,"name":"https://blockchain.bakermckenzie.com/2025/02/19/the-controversy-surrounding-argentine-president-javier-milei-and-the-libra-token/","type":"other","url":""},{"credibility":3,"name":"https://www.cryptotimes.io/2025/02/17/who-is-hayden-davis-man-at-center-of-argentinas-libra-token-scam/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://blog.bubblemaps.io/how-hayden-davis-rugged-libra-for-100m-with-president-milei/","type":"other","url":""},{"credibility":3,"name":"https://www.banklesstimes.com/articles/2025/02/20/libra-scandal-gets-worse-insiders-took-99m-in-liquidity/","type":"other","url":""},{"credibility":3,"name":"https://www.chaincatcher.com/en/article/2167933","type":"other","url":""},{"credibility":3,"name":"https://www.theblock.co/post/346504/libra-token-facilitator-hayden-davis-connected-to-40-million-crash-of-wolf-memecoin-bubblemaps","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://protos.com/prosecutors-find-drafts-of-secret-deal-linking-milei-to-libra-hayden-davis/","type":"other","url":""},{"credibility":3,"name":"https://www.theblock.co/post/393639/probe-reveals-document-detailing-alleged-5-million-deal-linking-milei-to-libra-promotion-report","type":"other","url":""},{"credibility":3,"name":"https://buenosairesherald.com/politics/libra-scandal-leaked-evidence-shows-calls-incriminating-milei-in-scam","type":"other","url":""},{"credibility":3,"name":"https://buenosairesherald.com/politics/karina-milei-is-latest-member-of-administration-implicated-in-criptogate","type":"other","url":""},{"credibility":3,"name":"https://www.coindesk.com/business/2026/04/07/argentine-president-milei-s-call-logs-link-him-to-multimillion-dollar-libra-rug-pull-nyt","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://cryptobriefing.com/libra-token-controversy-hayden-davis/","type":"other","url":""},{"credibility":3,"name":"https://www.coindesk.com/business/2025/02/17/javier-milei-memecoin-creator-also-launched-melania-admits-to-sniping-tokens","type":"other","url":""},{"credibility":3,"name":"https://crypto.news/this-isnt-some-random-fcking-scam-hayden-mark-davis-mastermind-behind-crashed-libra-crypto-scam/","type":"other","url":""},{"credibility":3,"name":"https://cryptoslate.com/us-entrepreneur-hayden-davis-testifies-in-libra-case-in-new-york-as-legal-proceedings-advance/","type":"other","url":""},{"credibility":3,"name":"https://buenosairesherald.com/politics/libra-scandal-hayden-davis-denies-scam-accusations-in-new-york-declaration","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.burwick.law/insights/burwick-law-sues-over-libra-280m-frozen","type":"other","url":""},{"credibility":3,"name":"https://classactionsargentina.com/wp-content/uploads/2025/03/2025-03-17-omar_hurlock_v_hayden_davis_et_al_complaint_2-libra-class-action-in-us-1.pdf","type":"other","url":""},{"credibility":3,"name":"https://www.cahill.com/news/firm-news/2025-08-19-cahill-defeats-plaintiffs-bid-to-freeze-assets-in-high-profile-libra-gate-class-action","type":"other","url":""},{"credibility":3,"name":"https://www.sbaitilaw.com/blog/press-release/federal-court-unfreezes-57m-in-frozen-crypto-assets-held-by-libra-token-promoters/","type":"other","url":""},{"credibility":3,"name":"https://cointelegraph.com/news/libra-token-creator-seek-dismiss-class-suit","type":"other","url":""},{"credibility":3,"name":"https://blockchainreporter.net/hayden-davis-challenges-libra-lawsuit-while-280-million-remains-frozen/","type":"other","url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Mark Davis (born November 27, 1996) is an American cryptocurrency marketer and CEO of Kelsier Ventures who orchestrated the launch of the $LIBRA token on February 14, 2025 — a memecoin promoted by Argentine President Javier Milei that collapsed 85–95% within hours, causing an estimated $251 million in losses across approximately 44,000 to 74,000 investors. On-chain analytics by Bubblemaps and Nansen identified insider wallets tied to Davis and associates extracting between $87 million and $107 million in liquidity during the price peak. Davis is subject to an Interpol Red Notice sought by Argentine prosecutors, a U.S. federal class action (Hurlock v. Kelsier, S.D.N.Y.), and parallel Argentine criminal proceedings; he denies fraud allegations, characterizing the collapse as 'a plan gone miserably wrong.'","timeline":[{"date":"2020-10","event":"Hayden Davis becomes CEO of Kelsier Ventures, a Delaware-registered entity he operates with his father Tom and brother Gideon.","source":""},{"date":"2025-01-19","event":"Kelsier Ventures facilitates the launch of the $MELANIA memecoin. Davis later admits his team sniped the token, extracting profits via shared wallet infrastructure.","source":""},{"date":"2025-02-14","event":"Kelsier Ventures creates the $LIBRA token at 6:58 PM Argentina time. Three minutes later, President Milei promotes the token on X, Instagram, and Facebook. Price surges to ~$5.20 and market cap reaches $4.6 billion before insider wallets liquidate holdings, crashing the price by 85-95%.","source":""},{"date":"2025-02-15","event":"LIBRA market cap collapses to ~$162 million. Nine founding accounts are identified as having extracted approximately $87 million in liquidity. Over 112 criminal complaints are filed in Argentine courts within 48 hours of the crash.","source":""},{"date":"2025-02-17","event":"Davis appears in a Coffeezilla interview, denying rug pull allegations and characterizing the collapse as 'a plan gone miserably wrong.' He admits to sniping LIBRA and MELANIA and discloses his team's profit of approximately $113 million.","source":""},{"date":"2025-03-08","event":"The $WOLF token launches. Bubblemaps subsequently links the launch wallet to the same infrastructure Davis used for LIBRA, with $WOLF reaching $43 million market cap before collapsing 99%.","source":""},{"date":"2025-03-13","event":"Argentine prosecutor Gregorio Dalbón petitions a federal judge to issue an Interpol Red Notice for Davis, citing flight risk and alleged fraud. Multiple outlets later report the notice was issued.","source":""},{"date":"2025-03-17","event":"Plaintiff Omar Hurlock files a class action complaint against Davis, Kelsier Labs LLC, and co-defendants in New York Supreme Court (later removed to S.D.N.Y. as Case No. 1:25-cv-03891-JLR).","source":""},{"date":"2025-04-08","event":"Argentina's Chamber of Deputies formally approves an investigation into the LIBRA scandal.","source":""},{"date":"2025-05-30","event":"S.D.N.Y. Judge Jennifer L. Rochon enters a temporary restraining order freezing approximately $280 million in LIBRA-related assets.","source":""},{"date":"2025-06-23","event":"Davis files a voluntary three-page declaration in S.D.N.Y., denying fraud, asserting LIBRA was intended to benefit Argentine small businesses, attributing the crash to Milei deleting his posts, and challenging the court's jurisdiction.","source":""},{"date":"2025-08-19","event":"Judge Rochon denies plaintiffs' motion for injunctive relief and dissolves the $280 million asset freeze, agreeing that plaintiffs had not met their burden. The underlying class action remains pending.","source":""},{"date":"2025-10","event":"A court filing in the $MELANIA class action names Davis and Benjamin Chow, alleging they 'weaponized fame to disarm diligence' across multiple coordinated token launches.","source":""},{"date":"2025-11","event":"Argentine federal judge orders freezing of assets belonging to Davis and two associates. An Argentine congressional commission issues a 200-page report concluding Milei allegedly used his presidency to promote a scam.","source":""}]},"v":1}