- Analysis suggests LIBRA, MILEI, and ARG tokens share technical similarities indicating potential common creators.
- All three tokens were funded through FixedFloat exchange and used Meteora liquidity pools with identical deposit amounts.
- Controversy surrounding the tokens has led to a lawsuit in the Supreme Court of New York against companies involved in LIBRA’s launch.
Evidence suggests two Argentinian cryptocurrency tokens, MILEI and ARG, may have connections to the controversial LIBRA token that was endorsed by Argentina‘s president Javier Milei. According to research from Blockworks’ Senior Data Engineer Fernando Molina, technical similarities between the three tokens point to potential shared origins.
Molina’s analysis, shared on X, highlights several patterns linking the tokens together. All three were reportedly funded through the same cryptocurrency exchange, FixedFloat, though from different creator accounts. Additionally, each token creator used the liquidity provider Meteora and deposited exactly 108 tokens into liquidity pools.
The timing of the launches appears calculated. MILEI was created minutes before LIBRA, while ARG emerged shortly after LIBRA but before President Milei’s public announcement about the LIBRA token. Molina suggests MILEI may have been a test run before the official LIBRA launch.
Visual evidence further strengthens the connection theory. ARG and LIBRA share nearly identical logos, though ARG has slightly different metadata. Molina recovered the ARG logo from its metadata, revealing striking similarities to the LIBRA branding.
However, as Argentinian publisher Pagina notes, the wallets behind the token funding remain anonymous, and “this data is not enough to confirm that the same people are behind each launch.” This caveat highlights the challenges of definitively proving connections in the pseudonymous world of cryptocurrency.
The LIBRA token has become a political liability for President Milei since February, when he promoted the token shortly before it crashed in value, leaving many investors with losses. The controversy has escalated to legal action, with companies involved in LIBRA’s launch, including Meteora, now facing a lawsuit in the Supreme Court of New York.
As of this reporting, Interpol has not yet listed LIBRA creator Hayden Davis as a wanted person, despite the growing international attention on the case.
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