Burwick Law files a lawsuit accusing Kelsier Ventures and partners of defrauding investors in LIBRA’s launch through liquidity manipulation and misleading promotional tactics
LIBRA token value collapsed by 94%, wiping out $280 million and affecting 75,000 traders within hours
Allegations against LIBRA’s developers include withholding 85% of supply, inflating prices, and insiders withdrawing $107 million before the market crash, prompting calls for stricter crypto oversight
Gregorio Dalbón requests Interpol to issue a Red Notice for Hayden Davis, Kelsier Ventures CEO, in connection with the failed token launch