Wednesday, August 20, 2025
cryptonews100
No Result
View All Result
CryptoNews100
No Result
View All Result
Home Real World Assets

Hayden Davis Challenges $LIBRA Lawsuit While $280 Million Remains Frozen

cryptonews100_tggfrn by cryptonews100_tggfrn
July 27, 2025
in Real World Assets
0
Hayden Davis Challenges $LIBRA Lawsuit While $280 Million Remains Frozen
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
Sign up an get up to $1000 USDT!


Crypto entrepreneur Hayden Davis has filed a brand new transient within the case over the launch of the $LIBRA token, altering the tact of the case in his authorized battle with the U.S. The token initially jumped in worth when Argentine President Javier Milei promoted it on social media, but it surely instantly dropped in value, inflicting alarm amongst buyers.

Omar Hurlock, a privately owned investor, is main this case and is demanding particular solutions about their involvement within the launch of the token towards Davis and co-defendant Benjamin Chow. Hurlock had lately sought Choose Rochon to acquire further discovery through Uncover, which was denied. Within the meantime, a trial set to happen on August 19 will resolve the future of $280 million in funds which are confiscated over its relations to income made with the discharge of the token.

Davis’s Authorized Submitting Rejects Fraud Allegations

Davis states in a 30-page courtroom submitting that Hurlock has not supplied proof of non-public hurt or that he has truly been affected by the $LIBRA token. Davis claims that the authorized group of Hurlock has no satisfactory grounds to supply a category motion because the investor lacks one type of transactional affiliation with the defendants.

Davis was the primary individual to formally check with the $LIBRA mission as a memecoin, as he acknowledged it as an ungrounded digital asset whose worth was speculative. In line with the protection, no marketing strategy, infrastructure or tokenomics was disclosed to potential consumers, making the mission a non-investment product with a unstable nature.

Cash Transfers and Connections to Political Figures Underneath Assessment

In line with the federal government data, Davis visited Casa Rosada in Argentina together with President Javier Milei and businessman Mauricio Novelli on January 30. In the meantime, blockchain analysts discovered a $499,000 USDC switch out of a pockets related to Davis to the Kraken trade.

The second transaction, for $507,000, was later detected in one other platform. These gross sales are made questionable by being carefully related to the assembly and doubtlessly having a relationship with the $MELANIA token, a unique mission that Davis was concerned with.

Shahzaib Ahmed

Crypto journalist with years of expertise offering in-depth evaluation and information on blockchain and decentralized finance. With a eager eye for element, Shahzaib delivers insightful articles that discover the newest tendencies, market actions, and improvements throughout the crypto and blockchain ecosystem. His work focuses on educating readers whereas providing skilled commentary on the evolving panorama of digital property, DeFi protocols, and the broader impression of blockchain expertise.



Source link

Related articles

AEON Integrates OpenEden’s CUSDO Into Crypto Platform As Demand For Tokenized U.S. Treasuries Heats

August 20, 2025
Bitget Introduces RWA Contracts Linking Tesla, Nvidia and Circle

Bitget Introduces RWA Contracts Linking Tesla, Nvidia and Circle

August 20, 2025
Tags: ChallengesDavisFrozenHaydenLawsuitLibramillionremains
Share76Tweet47
Drive and walk to earn crypto!

Related Posts

AEON Integrates OpenEden’s CUSDO Into Crypto Platform As Demand For Tokenized U.S. Treasuries Heats

by cryptonews100_tggfrn
August 20, 2025
0

AEON, a modular cryptocurrency fee protocol, at present introduced a strategic alliance with OpenEden, a RWA tokenization platform, to convey...

Bitget Introduces RWA Contracts Linking Tesla, Nvidia and Circle

Bitget Introduces RWA Contracts Linking Tesla, Nvidia and Circle

by cryptonews100_tggfrn
August 20, 2025
0

TLDR Bitget Bridges Crypto & Shares With New RWA Perpetuals on Tesla, Nvidia, Circle Commerce Tesla, Nvidia, Circle on Bitget...

SkyBridge Capital To Tokenize $300M Assets On Avalanche

SkyBridge Capital To Tokenize $300M Assets On Avalanche

by cryptonews100_tggfrn
August 20, 2025
0

Anthony Scaramucci’s SkyBridge Capital confirmed its deliberate tokenization of $300 million belongings through the Avalanche chain. The corporate has partnered...

next-level tokenized real estate amid global RWA boom

next-level tokenized real estate amid global RWA boom

by cryptonews100_tggfrn
August 20, 2025
0

Beacon Bay, East London, South Africa, August twentieth, 2025, FinanceWire Headway NOVA, a pioneering platform in tokenized real estate, has...

Crypto Whale Deposits $2.34M USDC On Hyperliquid To Boost Long Positions

Crypto Whale Deposits $2.34M USDC On Hyperliquid To Boost Long Positions

by cryptonews100_tggfrn
August 19, 2025
0

Crypto onchain exercise suggests a crypto whale has positioned an enormous quantity of cryptocurrency into Hyperliquid, as soon as once...

Load More

Crypto Fear & Greed Index

Latest Crypto Fear & Greed Index

Recent News

Pair charged over cryptocurrency, jewellery robbery four years ago

Pair charged over cryptocurrency, jewellery robbery four years ago

August 20, 2025

ETH Futures Neutral As Onchain Data Points To Price Rebound

August 20, 2025
Winklevoss Twins Donate $21M BTC To Pro-Trump PAC Ahead Of US Midterms

Winklevoss Twins Donate $21M BTC To Pro-Trump PAC Ahead Of US Midterms

August 20, 2025

Categories

  • Bitcoin
  • Cardano
  • Chainlink
  • Cryptocurrency
  • Dogecoin
  • Elon Musk
  • Ethereum
  • Exchanges
  • Litecoin
  • Pokadot
  • Polygon
  • Real World Assets
  • Shiba Inu
  • Solana
  • sui
  • World Liberty Financial
  • XRP

Download the official CryptoNews100 Android App! Click the button below:

Tags

ADA (209) Bitcoin (786) BlockDAG (156) BTC (219) bullish (136) Buy (258) Cardano (354) ChainLink (277) crypto (932) Cryptocurrency (341) Detail (124) DOGE (165) Dogecoin (347) ETF (186) ETH (230) Ethereum (495) flash (128) gains (130) hits (119) Inu (256) key (124) launches (141) Link (136) market (269) million (128) News (427) Polkadot (173) POLYGON (164) prediction (156) Presale (143) price (712) rally (193) RWA (173) SHIB (142) Shiba (267) SOL (143) Solana (427) Sui (279) Surge (152) Surges (137) token (148) top (214) TradingView (119) Trump (180) XRP (581)

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Alt Coins
    • Cardano
    • Dogecoin
    • Litecoin
    • Pokadot
    • Polygon
    • Shiba Inu
    • Solana
    • XRP
  • Crypto Related DEALS

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.