The LIBRA crypto scandal saw a new twist this week, with Argentine lawyer Gregorio Dalbon requesting an Interpol Red Notice for the token’s creator, Haydone Davis.
Attorney Dalbon issued the petition earlier this week to the court, formally seeking an Interpol Red Notice to arrest and extradite Davis from the U.S.
It bears mentioning that Davis’ Delaware-registered company, Kelsier Ventures, created LIBRA in February. Prosecutors identified him as the central figure in the LIBRA token collapse, which left many investors in ruins.
Interpol Red Notice Requested
As the investigation intensified, Attorney Dalbon asked the court to order an Interpol Red Notice that could lead to Davis’ arrest and extradition from the U.S., where he currently resides. Dalbon argued that Davis poses a significant flight risk due to his financial resources. He added that his continued freedom could hinder the ongoing investigation into the collapse of LIBRA.
Notably, the Argentine lawyer contended that Davis is a central figure in the case. According to Dalbon, Davis created and promoted LIBRA to lure unsuspecting victims into purchasing the token.
Given his involvement in the case, Dalbon emphasized that Davis is pivotal to the ongoing investigation. Therefore, he wants an Interpol Red Notice against him to arrest and extradite him.
Davis’ Legal Team Argues Otherwise
Meanwhile, Davis’s legal team insists on his innocence, claiming that his only goal was to ensure that LIBRA succeeds.
For context, an Interpol Red Notice is usually sent to law enforcement agencies across 195 member countries to arrest an individual allegedly guilty of a severe crime like fraud or murder.
The notice does not compel member countries to enforce these arrests. However, countries usually act on Red Notices based on their respective laws.
In September 2022, Interpol issued a red notice for Terra founder Do Kwon following the collapse of the Terra ecosystem. He was arrested in Montenegro in March 2023 and extradited to the United States.
Meanwhile, the request for Davis’ arrest and extradition comes a week after lead prosecutor Eduardo Taiano asked the court to freeze over $100 million worth of digital assets associated with the case.
LIBRA’s collapse has continued to spur multiple controversies, including the indictment of Argentina’s President Javier Milei following his promotion of the token.
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