Hayden Davis, creator of the Libra project, claimed that there are still 60 million dollars in the liquidity fund and asserted that the market remains active. Amid rumors and criticism, Davis denied any type of fraud and stated that the liquidity funds are still available, but emphasized the importance of having a clear plan before distributing the money to avoid negative consequences in the market.
In an interview, Hayden Davis explained the decisions made in real-time to prevent a total collapse of the token. He revealed that the initial goal was to obtain enough liquidity to boost a broader marketing plan, but an unexpected twist occurred with the removal of public support from Milei for the project. This generated political pressures that changed the course of the situation.
Davis also acknowledged his participation in other cryptocurrency projects, such as Melania Token, launched with the intention of emulating the success of Trump Coin in 2024. Regarding concerns about the management of funds, the supposed creator of Libra assured that it was not an escape with money, but a plan that did not turn out as expected.
As for the future of the 100 million dollars raised, Hayden Davis admitted that it is a difficult question to answer at this moment. He referred to the volatility observed during the launch and pointed out that it was a result of actions by a small group of cryptocurrency experts. He revealed that during the process, there were individuals associated with the political environment inhabiting the Casa Rosada involved in the project.
Along the same lines, in an interview on the YouTube channel 'Voidzilla', Hayden Davis exposed the names of Argentinians Manuel Terrones Godoy and Mauricio Novelli, who, according to him, participated in the development of Libra. These individuals, linked to Tech Forum Argentina, were associated with the initiative and are known for their relationship with Javier Milei.
In response to allegations of possible market manipulation during the launch of Libra, Davis defended that certain strategies are common in the meme cryptocurrency world, although he rejected accusations of illegal withdrawals. He also emphasized the complexity of the current situation and the search for a fair solution for all parties involved in the Libra project.
