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Argentine media reported an alleged attempt by Hayden Davis, CEO of Kelsier Ventures and a figure behind the Libra cryptocurrency, to influence Argentine President Javier Milei through his sister, Karina Milei. Text messages purportedly sent by Davis to an executive at a crypto investment firm in December suggested a scheme to control the president’s actions in exchange for payments to his sister.
According to the report by La Nacion on February 18, Davis claimed he could arrange for President Milei to promote the Libra token and meet with interested parties. "I send $ to his sister and he does whatever I say and does what I want," one message allegedly from Davis read. The investment firm executive, whose identity was not disclosed, reportedly rejected the offer.
Davis has denied sending such messages and making payments to the Milei siblings. A spokesperson for Davis stated that he had no record of the message on his phone and could not recall sending it. CoinDesk reported that Davis also refuted claims of making any payments to either Javier or Karina Milei.
Karina Milei currently holds the position of general secretary for Argentina’s presidential office and is considered a close adviser to her brother. She has been seen accompanying President Milei on his recent official trips abroad.
The controversy surrounding the Libra token, which at its peak reached a market cap of $4.5 billion before plummeting by approximately 95%, has brought scrutiny to Davis and Kelsier Ventures. Despite the token’s success, Davis asserted that he did not own any Libra tokens and had no intention of selling them.
President Milei has faced legal action accusing him of promoting the Libra token, which he has contested. In an interview with Todo Noticias on February 17, Milei insisted he did not promote the token but merely "spread the word" about it. He emphasized his "good faith" and recognized the need to establish better judgment on appropriate conduct moving forward. Milei also stated that any issues arising from the token launch should be confined to the parties involved, excluding the state’s role.
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