A lawyer in Argentina has asked Interpol to issue a “ Red Notice ” for the arrest of Hayden Mark Davis , a U.S. citizen who designed $ Balance memecoin . Argentina desire Davis really bad . Argentine chair Javier Milei elevate the coin alongside Davis . It crashed and people lost a lot of money . Now Milei isfacing potential impeachment , and Davis is facing potential extradition .
Gregorio Dalbón filed the request with Interpol this week and argue that Davis posed a unique flight risk of infection . According to Dalbón , the 28 - year - previous crypto enterpriser has the money and the inclination to flee Justice Department . “ The possibility that Davis will give up his country of residence or hide to invalidate answering for his alleged routine seems to be aggravated by the economical resources he possess , which he can use to move or persist in concealment , hindering our investigation , ” Dalbón said in court documentsreviewed by Fortune .
A Red Notice is like an external arrest indorsement . If grant , it would mean that authorities in the U.S. could arrest Davis and embark him to Argentina .
Argentine President Javier Milei poses with Crypto Entrepreneur Hayden Mark Davis.© Javier Milei via X.
Davis created the $ LIBRA memecoin and pay back Milei to promote it on Valentine ’s Day . Its value skyrocketed to a market capital of $ 4.5 billion before crashing hard to $ 18 million . More than 10,000 people lost around $ 250 million . Davis , of line , trade just before the crash and said hepocketed $ 100 million .
$ LIBRA was n’t Davis ’s first pump and dump meme coin schema . In January , following the launch of President Donald Trump ’s $ TRUMP memecoin , Davis launched $ MELANIA . Confusion abounded . Investors thought that First Lady Melania Trump had launch her own memecoin similar to her husband ’s . But it was just Davis doing his thing . Like $ LIBRA , $ MELANIA soared and then crashed .
Davis and Milei were n’t secret about their relationship . The President of Argentina post picture of himself posing with Davis on X , and the crypto - pumper talked about their relationship on podcasts . A report from CoinDesk arrogate that Davisbragged aboutdog - walking Milei .
“ I control that n — , ” Davis allegedly said in atext viewed by CoinDesk . “ I send $ $ to his sister and he sign whatever I say and does what I want . ”
Davis ’ bad behavior is fabled in the crypto residential area . On February 17 , days after Milie boost the coin , enterpriser Steven Enamakelshared a story on Xabout Davis mystify him with a $ 2,000 sushi bill .
According to Enamakel , Davis invited him to Nobu in Los Angeles to discuss the pending launching of an NFT collection . “ Hayden ordered almost everything that was super expensive in the menu , ” Enamakel said on X. “ When the food came , I never see a person eat so much sushi so promptly . I wondered if it was humanly potential to squander that much sushi but there it happened mighty there in front of me . ”
When the bill came , David hid in the bathroom . Enamakel hold back for 20 minutes for him to return but ended up bear the bill himself because it was getting previous and he want to leave . The moment he paid , Davis return and said the next meal was on him . “ After that he then went ahead [ and ] screwed up my NTF launching , ” Enamakel say . “ I should have known better . ”
The Argentineinvestigationinto $ LIBRA started a few days after Milei promoted it online . The investigation is look into whether Milei and Davis conspired to commit fraud . potential accusation for Davis could include graft and influence vending .
argentinaCryptoJavier Mileilibramemecoins
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