# MileiMemeCoinControversy Libra memecoin facilitator admits to stealing tokens

Hayden Davis Reveals Manipulation in Memecoin Launch

Hayden Davis, widely known as an advisor and facilitator of the controversial Libra token, says the project team slammed Libra at its launch — claiming it was to discourage others from doing the same.

Libra emerged last Friday after Argentine President Javier Milei promoted the token. Libra’s price soared into the billions, then plummeted within hours after Milei withdrew his support.