The Libra even scandal, which has sent shock waves in the political and financial spaces of Argentina, has entered a new phase. Argentinian lawyer Gregorio Dalbón officially asked for an international arrest warrant for Hayden Davis, the main key personality behind the trigger of the token.
Meanwhile, the price of the scale remains sharply down in the middle of the foam foam (fear, uncertainty and doubt), the wider lower market prospects exacerbating losses.
The Argentinian lawyer pursues legal and financial benefits in the scandal of the balance
Dalbón, who also represented the former Argentine president Cristina Fernández de Kirchner in a corruption case, filed the petition on Tuesday. The local media Página12 indicated that other legal experts in the case include the main prosecutor Eduardo Taiano and judge María Servini.
The request requests an interpol red opinion for Davis. He urges the police around the world to locate and arrest him temporarily while waiting for the extradition of the United States. Dalbón’s petition argues that Davis presents a significant risk of theft due to its financial resources and foreign residences.
“Given the scale of the scandal and the significant losses caused to investors, the procedural risk involved by Hayden Mark Davis remaining is obvious,” the Argentinian local media, citing the petition.
Dalbón also argues that Davis played a “central role in the creation and promotion of the balance”. He says that reinforces the allegations that the launch of the token and the subsequent collapse were orchestrated for the benefit of initiate.
The push occurs while this scandal deeply involved the administration of President Javier Milei. It worsened after publicly promoting the token for a short time before its catastrophic price accident. The case sparked a major controversy in Argentina, the authorities already moving to freeze around $ 100 million in crypto linked to the program earlier this month.
The initiates of the balance took advantage while the investors have lost millions
The Nansen blockchain analysis company recently said that retail investors had suffered amazing losses of $ 251 million. Meanwhile, the portfolios associated with Davis and another key figure, Kelsier, extracted significant profits before the token collapse.
The Bobblemaps blockchain investigator has also revealed evidence of market manipulation. He cited tactics such as “sniping” – using bots to buy tokens early and control liquidity.
Davis admitted these tactics, saying that they were designed to prevent immediate collapse and reinvest liquidity once President Milei has resumed the token. However, this strategy failed, leaving retail investors with heavy losses while initiates have undergone substantial gains.
Other surveys have linked the Balance Same Coin to other controversial cryptography projects. The reports indicate the connections between the initiates of the balance and the Melania. The balance team would have discussed the launch of a similar token with the Nigerian government, which raises concerns about repeated exploitation cryptography companies in several countries.
The scandal training effects have also led to significant upheavals in the cryptography industry. Ben Chow, co-founder of the Decentralized Meteora financing platform, recently resigned in the middle of the controversy. This highlights the broader impact of the balance of the scale on the cryptography ecosystem.
If Dalbón’s request for a red notice is approved, Interpol will distribute it to its 195 member countries. Although a red opinion has not forced arrests, it signals to the law enforcement organizations worldwide that Davis is sought for extradition.
Coingecko data show that the Balance Even Coin was negotiated at $ 0.06,435 at the time of writing this document, down more than 12% in the last 24 hours.
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