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Libra Memecoin Facilitator Confesses Token Theft
Hayden Davis Reveals Manipulation in Memecoin Launches
Hayden Davis, widely known as an advisor and self-proclaimed facilitator of the controversial Libra token, said the project team sniped Libra at its launch - claiming he did so to discourage others from sniping.
Libra emerged last Friday after Argentina's President Javier Milei promoted the token. Libra's price surged into the billions, then crashed within hours when Milei withdrew his support.
"So our goal was, can we take away enough liquidity to get all the snipers out, or at least control them so that when the chart drops, it's not going to crush the entire project?" Davis said in a video interview with YouTuber and crypto sleuth Coffeezilla.
He later added that he controlled the team's wallets that contained funds worth over $100 million from the Libra launch.
“What I mean is, when you’re part of the team, I’m not saying it should always happen, but I am saying that a lot of times it’s to protect,” Davis said. “And if there’s enough volume, you have to take some of it away so that people have a chance to improve the frame again.”
As noted in the description of Coffeezilla’s YouTube video interview, Davis claimed that Mauricio Novelli, Manuel Godoy, and Kip Protocol of Tech Forum Argentina are core members of the Libra memecoin. While the YouTuber singled out Davis as one of the “big four” Libra creators, Davis said he was a “facilitator” of Libra, not an implementer or team.
Davis admitted that he was part of the team that launched the #Melania #TRUMP memecoin, and that Melania’s team also sold the token at launch.
“I think the team did want to sell it because of how big the Trump [memecoin] sale was,” Davis said.
#libra #MileiMemeCoinControversy
Hayden Davis Reveals Manipulation in Memecoin Launches
Hayden Davis, widely known as an advisor and self-proclaimed facilitator of the controversial Libra token, said the project team sniped Libra at its launch - claiming he did so to discourage others from sniping.
Libra emerged last Friday after Argentina's President Javier Milei promoted the token. Libra's price surged into the billions, then crashed within hours when Milei withdrew his support.
"So our goal was, can we take away enough liquidity to get all the snipers out, or at least control them so that when the chart drops, it's not going to crush the entire project?" Davis said in a video interview with YouTuber and crypto sleuth Coffeezilla.
He later added that he controlled the team's wallets that contained funds worth over $100 million from the Libra launch.
“What I mean is, when you’re part of the team, I’m not saying it should always happen, but I am saying that a lot of times it’s to protect,” Davis said. “And if there’s enough volume, you have to take some of it away so that people have a chance to improve the frame again.”
As noted in the description of Coffeezilla’s YouTube video interview, Davis claimed that Mauricio Novelli, Manuel Godoy, and Kip Protocol of Tech Forum Argentina are core members of the Libra memecoin. While the YouTuber singled out Davis as one of the “big four” Libra creators, Davis said he was a “facilitator” of Libra, not an implementer or team.
Davis admitted that he was part of the team that launched the #Melania #TRUMP memecoin, and that Melania’s team also sold the token at launch.
“I think the team did want to sell it because of how big the Trump [memecoin] sale was,” Davis said.
#libra #MileiMemeCoinControversy
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