Hayden Davis, the CEO of crypto marketing services and investment firm Kelsier, has been associated with the launch of the Solana-based token LIBRA. However, after a surge in market cap, the token's value collapsed, leading to accusations of market manipulation and insider selling. Davis has denied plans to abscond with $100 million and claims the funds were intended to be reinvested into LIBRA. Legal repercussions are unclear at this point, but Argentine lawyers are pursuing fraud complaints. On-chain analytics firm Bubblemaps flagged wallets containing $87 million worth of Solana and USDC that seemed to be connected to the manipulation. Davis stated that he fears for his life and claims the situation is a plan that has gone wrong.



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