The 28-Year-Old Who Went From Flipping Oreos to Selling Argentina's President on Memecoins

Hayden Davis made $100 million in a few hours. Now, he's landed Argentina's President on the verge of getting impeached

Hayden Davis has had a career trajectory most 28-year-olds could only dream of — going from flipping “Supreme-branded” Oreos in the pandemic to selling the most up-and-coming President in Latin America on memecoins.

There's only one problem: His latest memecoin, LIBRA, pumped and dumped and embroiled Argentina's President Javier Milei in a crypto scandal that has him facing calls of impeachment and fraud allegations.

It's a pretty staggering climb to infamousness for Davis, who was a relatively unheard of Liberty University graduate before LIBRA attracted so much attention and he started making the rounds in damage control interviews that may have just created more legal problems for himself.

Here's the wild story of President Javier Milei getting sucked into an obvious front-ran token launch, the incredible fallout, and 28-year-old Hayden Davis, who is now left stumbling in interviews when asked what he plans to do with the nearly $100 million the token brought in.

The Beginning of LIBRA

I was down in Buenos Aires when all of this began. It was October of 2024, when the crypto world descended on Argentina with a few crypto conferences. One of those conferences, the Tech Forum, was put on by two argentine crypto promoters, Mauricio Novelli and Manuel Terrones Godoy. According to multiple conference attendees, organizers at one point courted big name guests to pay for roundtable access with President Javier Milei. Cadano founder Charles Hoskinson spoke openly about refusing to pay to meet with the President.

"We had all these people we'd encounter along the way and they'd say, 'If you give us a little something, something we can get you a meeting and magical things can happen,'" he said. "We were always curious what was going on there."

In that setting, enter Hayden Davis, the 28-year-old CEO of crypto venture firm Kelsier Ventures, who comes to work with President Javier Milei as a crypto advisor (his claim in that role was later refuted by the Argentine government.) Eventually, Davis worked to spin up the Viva La Libertad project and the LIBRA token, which purported to raise money for Argentine businesses. The project's site launched on February 14 and immediately left the world scrambling after President Javier Milei promoted it on X in a now deleted tweet. The site looked rushed — it lacked tokenomics details, it was in English, and had a janky Google form as the contact page.

Nonetheless, people poured millions into the token as it surged to a $4.5 billion market cap (on paper) and then collapsed 95%. In the aftermath, President Milei is facing impeachment calls from opposition leaders and a fraud investigation.

Watch our full episode on the fallout now — or read our full article.