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Market News: The LIBRA team is in talks with the Nigerian government to launch Meme coin

Market News: The LIBRA team is in talks with the Nigerian government to launch Meme coin

Bitget2025/02/18 01:32

News on February 18, according to unconfirmed reports from Beincrypto, the LIBRA team has also negotiated with Nigerian officials about issuing another unstable meme coin. So far, there is no evidence that Nigeria's President Bola Tinubu has a direct connection with LIBRA, but it is reported that his team is in close negotiations.

Hayden Davis, CEO of LIBRA market makers claimed he received numerous invitations to assist in more "rug pull" scams. The controversial meme coin LIBRA endorsed by Argentine President Javier Milei has become the core of massive fraud allegations. After its market value plummeted, President Milei denied any connection with LIBRA and faced investigation and impeachment threats. Even more shocking is that the LIBRA team plans to launch a new meme coin in partnership with the Nigerian government. The key figure connecting LIBRA and Nigerian officials is Hayden Davis, CEO of Kelsier Ventures. He is an American citizen which could potentially give jurisdiction for investigating the LIBRA incident to the FBI and Department of Justice. Previously, Davis casually admitted multiple major financial crimes during a lengthy interview stating these crimes brought him new opportunities. Community detectives speculate that Davis was behind Meme Coin MELANIA and related scams which he confirmed during his interview.

In other words, MELANIA may have given Davis influence over contact with Nigerian officials before Libra came into play.The report cannot confirm whether or not Nigeria's president was involved in this plan.However,Davis said,"The project has been progressing smoothly",and several members of his team are actively participating.Nigeria recently showed enthusiasm for cryptocurrency field adding credibility to these claims.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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