How Hayden Davis Allegedly Scammed $21 Million - and Disappeared Without Consequences
A little-known figure, Hayden Davis moved from obscure LinkedIn projects to advising Argentine President Milei on tokenization in 2024.
Using this position, Davis helped launch the LIBRA token - hyped by Milei himself. Insiders rushed the news, pumping the token to a market capitalization of $4 billion before it collapsed. Davis and his company, Kelsier, began cashing out.
He has also been linked to $MELANIA and other meme token launches via Meteora, which allegedly extracted millions with the help of insiders.
After the scandal:
- $2.4 million was transferred to Kamino, earning $134,000 per year
- $1.2 million deposited on Aave, earning $41,000/year
- Now earning about $175,000/year passively
Despite public backlash and political fallout, Davis remains free - a case study on how crypto hype, politics, and zero accountability can collide.