LIBRA Memecoin Scandal? Founder Davis Calls LIBRA a “Memecoin,” Not an Investment

BitcoincomNews

2025-07-26 01:20:40

MEME-7,17%

NOT-5,65%

Story Highlights* Hayden Davis claims LIBRA was never an investment, just a simple memecoin with no plan.

LIBRA was once linked to Argentina’s president before being called a risky joke token.
Nearly $1 million in crypto was moved during Davis’s meeting with Argentina’s top officials.
A major court hearing on the case is set for August 19 in New York.

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