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Reading: They detect wallets of the Milei advisor linked to Libra with almost USD 300 million
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Your Crypto News Today > News > They detect wallets of the Milei advisor linked to Libra with almost USD 300 million
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They detect wallets of the Milei advisor linked to Libra with almost USD 300 million

February 21, 2025 4 Min Read
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They detect wallets of the Milei advisor linked to Libra with almost USD 300 million
  • Davis’s holdings embrace Libra, Sol, USDC and attain nearly 266 million {dollars}.

  • Davis’s firm is likely one of the 4 co -founders of Libra, Token promoted by Javier Milei.

A sum near 300 million {dollars} was detected in additional than 1,000 Wallets related to Hayden Davis and his firm Kelsier Ventures, one of many 4 co -founders of the Libra cryptocurrency, Token promoted by Argentine president Javier Milei on February 15, 2025.

In flip, and from there the related monitoring of Davis’s accounts, this businessman who claimed to be an advisor to Milei was linked to a sort of rip-off with cryptoactive, often known as rug pullwhich might have precipitated millionaire losses to hundreds of traders.

On the one hand, in numerous addresses linked to the Kelsier Ventures firm, Davis would have nearly 11 million {dollars} in numerous propertysuch because the USDC, Sol, and Memecoins, and Ryan, based on Arkham’s knowledge.

Alternatively, in Wallets of the Libra firm, Davis owns the remainder of the property, valued at nearly 255 million {dollars}. Nearly all of the holdings of the Libra addresses are composed of the Libra cryptocurrency itself, in addition to solar, USDC and different memecoins, based on Arkham. These addresses They’re managed by Kelsier Ventures.

In coincidence with the overall quantity in Davis holdings, of just about 266 million {dollars}, cryptootics notified that, based on the evaluation website on-chain From the Solana Purple, Solana Flooring, the Libra case would have precipitated losses of round 286 million {dollars}.

Alternatively, Davis stated that round 100 million {dollars} of those holdings are guarded by him, however in actuality It’s not the “proprietor”and that I might be ready for orders to make this quantity used to resolve the scenario round Libra.

Hayden Davis’s firm was denounced by an essential character from Solana

The Libra case, a Token launched on a platform within the Solana (Sol) community, led to a disaster within the popularity of that chain. Amongst different conflicts, what occurred throughout the framework of that memecoin, promoted by Milei, offered what can be a system of scams linked to cryptocurrencies.

On this sense, the creator of Defituna, one other essential determine of the Ecosystem of Decentralized Finance (Defi) of Solana, denounced on February 17 that “it has been an inner secret that there’s a big community of influencers that They’re successful tens of millionson the expense of the neighborhood of Meteora (a decentralized alternate of Solana), because of Ben’s management crew ».

In social networks they’ve disseminated a video through which he’s allegedly uncovered to Ben Chow, the chief of Meteora (who after this battle resigned in his place), as a participant of a fraudulent scheme of tokens extraction by Greater than 200 million {dollars}. In that system of scams, Davis’s firm, Kelsier Ventures, would even be linked together with different influential individuals of the solana ecosystem.

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