An Argentine lawyer has filed a request for an Interpol Red Notice to be issued for Hayden Davis, the co-creator of the LIBRA token, amid a high-profile political and financial scandal in Argentina.

Gregorio Dalbon, a prominent Argentine lawyer known for representing former President Cristina Fernández de Kirchner, has submitted a formal request to prosecutor Eduardo Taiano and Judge María Servini. The request seeks an international arrest warrant for Davis, citing the risk of flight and his access to significant financial resources.

Dalbon argues that Davis, due to his central role in creating and promoting the LIBRA token, poses a procedural risk. He emphasized that Davis could potentially evade justice by leveraging his wealth to flee the United States or go into hiding. The lawyer has urged Argentine authorities to collaborate with Interpol to ensure Davis’s location, arrest, and extradition.

LIBRA, a Solana-based memecoin, gained notoriety after Argentine President Javier Milei shared it on his social media accounts on February 14, shortly after its creation. The endorsement led to an immediate surge in the token’s value, pushing its market cap to over $4 billion. However, the value quickly plummeted when the creators, who controlled most of the supply, dumped their holdings, leading to widespread financial losses.

The incident has since sparked multiple legal proceedings, including fraud charges against President Milei himself. While Milei has denied any direct promotion of LIBRA, claiming he merely "spread the word," reports have surfaced suggesting that Hayden Davis allegedly paid Milei’s sister, Karina Milei, to have the president publicize the token. Davis has denied making any payments and has stated he has no record of such transactions.

Judicial Proceedings and Red Notice Request

Following the collapse of LIBRA, various legal actions have been initiated. Argentine authorities and U.S. officials have been alerted to potential financial crimes linked to the token. Prosecutor Eduardo Taiano has already taken steps to freeze approximately $100 million in crypto assets associated with the case.

Dalbon’s request to Interpol marks a significant escalation in the legal battle. A Red Notice, if approved, would call on law enforcement agencies worldwide to locate and provisionally arrest Davis. While an Interpol Red Notice does not compel member states to make an arrest, it acts as a powerful tool for international law enforcement cooperation.

If Argentine authorities approve Dalbon’s request, Interpol could distribute the Red Notice to its 195 member countries. Davis would then face significant legal challenges, particularly if he intends to travel internationally. However, the final decision on his arrest and extradition would depend on the legal framework and diplomatic agreements of the country where he is located.

Whether Interpol will approve the Red Notice remains to be seen, but the outcome of this case could set a precedent for how international law enforcement handles crypto-related financial crimes in the future.

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