New Revelations Uncover Dark Twist Behind LIBRA Token Crash

New Revelations Uncover Dark Twist Behind LIBRA Token Crash

The post New Revelations Uncover Dark Twist Behind LIBRA Token Crash appeared on BitcoinEthereumNews.com. Altcoins What began as another flashy memecoin launch has spiraled into a multi-million-dollar courtroom drama. Hayden Davis, the figure behind the controversial LIBRA token, has now conceded in a U.S. federal filing that the project was never intended as a legitimate investment vehicle. Instead, Davis described LIBRA as purely a memecoin—a …

Hayden Davis Challenges $LIBRA Lawsuit While $280 Million Remains Frozen

Crypto entrepreneur Hayden Davis has filed a new brief in the case over the launch of the $LIBRA token, changing the tact of the case in his legal battle with the U.S. The token initially jumped in value when Argentine President Javier Milei promoted it on social media, but it immediately dropped in price, causing alarm among investors. Omar Hurlock, a privately owned investor, is leading this case and is demanding specific answers about their i…

Hayden Davis Labels LIBRA a Memecoin amid $280 Million Asset Case - Crypto News Flash

Hayden Davis told a U.S. court LIBRA is a memecoin and not an investment vehicle Blockchain records show a Davis‑linked wallet moved nearly $500 000 USDC to Kraken on 30 January while he met President Milei Court filings unsealed this week show Hayden Davis conceding that the LIBRA token was conceived and marketed purely as a memecoin, lacking any formal business plan or investment roadmap. Davis Tells Court LIBRA Lacks Formal Business Plan The …

Scammer Hayden Davis admits LIBRA had no investment plan

Hayden Davis, the crypto scammer behind the collapsed $LIBRA token, told a U.S. federal court that the coin wasn’t an actual investment, it was just a memecoin. Hayden admitted there were no documents, plans, infrastructure, or tokenomics ever presented to buyers. He argued there was never a business structure in place to justify treating LIBRA as anything more than a collectible coin with no real-world value. “Defendants provided no plans, deta…

$280 Million Frozen as Hayden Davis Denies LIBRA Was an Investment

The post $280 Million Frozen as Hayden Davis Denies LIBRA Was an Investment appeared first on Coinpedia Fintech News Crypto entrepreneur Hayden Davis has admitted in U.S. court filings that the LIBRA project is a memecoin without a formal business plan, denying it was an investment. The case involves $280 million in frozen assets linked to LIBRA. A hearing is scheduled for August 19 in New York to decide on the assets’ fate. This development fol…

Libra Case: Mysterious Transaction Might Help Advance Ongoing Probe

Sergio Goschenko 2025-07-26 02:30:00 news.bitcoin.com A transaction sent from a wallet address linked to Hayden Davis, one of the entrepreneurs connected to the launch of Libra, made at the same time he was in a meeting with President Milei, might help an ongoing probe advance with new data. Libra Case Watch: Mysterious Transaction Involving Centralized Exchange Might Advance Probe A […]… Source