The CEO of Kelsier Ventures asserts his innocence regarding fraud claims, linking token price decline to Argentine President's tweet removal, and pledges to return $100 million to investors.
Hayden Mark Davis, CEO of Kelsier Ventures, testified regarding the LIBRA token's decline, attributing it to Argentine President Javier Milei's deletion of a supportive tweet. He proposed returning $100 million to investors, although over $55 million in assets are frozen by a U.S. court. The case involves a class action lawsuit from U.S. investors and investigations in both the U.S. and Argentina.