Agents of the criminal division fraud section began the initial data collection to evaluate the steps to be followed
A week after the launch and collapse of the Memecoin $ Libra, the US Department of Justice Department (USDOJ) machine started moving, confirmed sources of that country to La Nacion.
The collection and initial data analysis was made in charge of experts from the Fraud Section of the Justice Department Criminal Division, an area specializing in complex economic and financial crimes and cases of corruption committed by US companies or citizens abroad.
The Justice Department’s reaction occurred after receiving at least one “criminal operations report” against those responsible for the $ Pound, an alleged megagolpe valued at $ 87 million and $ 107 million, which affected thousands of investors in Argentina, United States and other countries, and impacted companies from the cryptocurrency world such as Kip Protocol, Jupiter and Meteora, where one of the leading executives fell.
This “criminal operations report” explicitly pointed to the role that President Javier Milei took over during the launch and collapse of $ Libra, with two positions at X, and also identified as responsible American Hayden Mark Davis, Singapurian Julian Peh and Argentine “businessmen” Mauricio Novelli and Manuel Terroes Godoy, of Spanish origin.
During or after the preliminary data collection and review, the Justice Department could expand to an “interinstitutional effort” or “task force”, which in similar cases included agents and employees of the Federal Bureau of Investigation (FBI) and Department of Internal Security (DHS), in coordination with Securities and Exchange Commission (SEC), and which registered “repentant” and defendants that chose to declare themselves guilty.
Officially contacted by La Nacion, the Justice Department has not answered the questions that were requested to be sent by email since Thursday, while a SEC spokesman indicated on Friday that he would not comment on “about the existence or not of a possible investigation ”.
“Evil actors”
SEC’s formal response came a few hours after Securities and Exchange Commission announced the creation of Cyber and Emerging Technologies Unit (CETU) with the specific purpose of “protecting retail investors from bad actors in the emerging technology space” .
The unit, which replaces the old unit of Cyber and Crypto Assets of the SEC, will pursue “those who seek to misrepresent investors and decrease confidence in new technologies”, which exemplified with “blows that appeal to blockchain technology and those cryptographic assets ”.
On Friday 14, a minute after 7 pm (two hours less in New York), President Javier Milei opened his doors to a scandal that earned him criminal accusations and an impeachment request in Argentina. He posted a message on the social network X on a “private project” which, according to him, would be dedicated to “stimulating the growth of the Argentine economy, financing small businesses and Argentine startups.” When the business went badly, he suggested (three days later) that those who negotiated with the token should know the risks, which were equivalent to playing in a “casino” or playing “Russian roulette”.
The most visible face behind the $ pound launch and collapse was Hayden Mark Davis, a 28 -year -old American whose relatives claim that until a few days ago he was in Dallas, Texas, where he hired private security and went to a secret place in front of them threats he said he faced.
A few hours after the collapse of $ Libra, Davis hired a lawyer in Argentina, Yanina Nicoletti, specializing in tax law and complex economic crimes, as well as in the United States. Everyone recommended that he no longer gave more press interviews because his statements could incriminate him even more, according to La Nacion.
But what did he admit in the two interviews he gave to journalist and Youtuber Stephen Findeisen, better known as “Coffeezilla”, and the Dave Portnoy investor and celebrity? Among other possible crimes, which participated in the manipulation of the price of $ pound and an earlier memecoin, to $ Melania, which gave privileged information to third parties, that executives from the platforms involved in the launch of $ Libra would also have violated the law and that retains under His control money from investors, except Portnoy himself, to whom he returned $ 5 million he had invested at $ Libra and lost, as both admitted.
FRAUD, FBI and Federal Prison
The main executive of the firm Kelsier Ventures, with legal domicile in Delaware, Hayden Davis appears on the official website of that firm next to Brother Gideon, while his father, Charles Thomas Davis, appears as the “president” of the whole group, after a criminal past that he himself told.
In his own words, the president of Kelsier Ventures committed a blow years ago, was investigated by the FBI, was convicted, fulfilled at least one year in federal arrest, then became a pastor, owned a restaurant network on the west coast of the states United and finally set foot in the cryptocurrency world, where everyone nicks him from “Dr. Tone”.
The Justice Department is taking its first steps while at least one New York law firm dedicated to legal protection from digital consumers, Burwick Law, is “exploring possible paths” to recover money from more than 200 customers representing Argentina, United States and other countries. According to the buffet, “the situation is still developing and evolving quickly.”
Originally published by La Nacion on 23/02/2025
By Hugo Alconada
Source: https://www.ocafezinho.com/2025/02/23/o-departamento-de-justica-dos-eua-ja-esta-analisando-se-houve-crime-na-criacao-e-colapso-da-libra/
