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Crypto scandal
Milei's crypto scam reached Forbes magazine: "The biggest robbery in history"
The specialized Finance magazine talked about the scandal, and the involvement of Hayden Davis and the ideologists of Tech Forum.
February 24, 2025 | 19:41
File photo: image of the President of Argentina, Javier Milei, in Buenos Aires
Forbes magazine, specialized in finance, which had previously dedicated covers to President Javier Milei, today echoed the international scandal triggered by the promotion that the President made of the memecoin $Libra. "The largest cryptocurrency robbery in history," the magazine titled, accompanied by a photo of Milei.
What did Forbes magazine say about Milei and the crypto scandal?
The magazine describes that the President is in "trouble" after promoting the memecoin that led to an impeachment request promoted by the opposition. Additionally, there is an ongoing judicial investigation in which Milei is charged. It then details Milei's movements on X on February 14 and highlights that the President has accumulated more than 100 complaints.
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The president of the crypto scandal company was jailed for fraud
Crypto scandal
The president of the crypto scandal company was jailed for fraud
By Franco Mizrahi
It also mentions the role of Hayden Davis and the organizers of the Tech Forum. "The figures paint a brutal picture: 86% of traders who bought LIBRA lost money, with total losses reaching 251 million dollars, according to blockchain analysis firm Nansen. A few fortunate ones pocketed 180 million dollars," Forbes states.
The president of the crypto scandal company was jailed for fraud: the story of Tom Davis, father of Hayden, investigated by the FBI
Charles Thomas Davis is a key figure in the crypto scandal. Father of Hayden Davis, he is the president of Kelsier Ventures, which is behind the scam being investigated in the $Libra case. Tom Davis had already been investigated by the FBI and was jailed in a federal prison some time ago in the United States for fraud, which raised no suspicions in the Argentine government. He was at the Tech Forum, in a privileged location applauding President Javier Milei last year. His son Hayden met with the Argentine president and after the scandal said he was advising him.
The photographs from the Tech Forum, held on October 19, show the Davis family in prime locations applauding Javier Milei, who has already been charged in the judicial case opened in Comodoro Py due to the $Libra scandal. As journalist Maximiliano Firtman, a specialist in technology issues, noted, the event shows sitting in preferential locations: Tom Davis, president of Kelsier Ventures; his children Hayden (CEO of the company) and Gideon (Operations Director of the firm); Julian Peh, CEO of Kip Protocol. Both Kelsier and Kip Protocol are behind the launch of the memecoin $Libra. Also present were Bartosz Lipinski, CEO of Cube Exchange, who was also part of meetings at the Casa Rosada.