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Eggs in America are now 60% more expensive than they were last year, report shows

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Argentina seeks arrest of U.S. crypto figure tied to Melania and Milei cryptocurrencies

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An Argentine prosecutor asked a judge on Thursday to issue an Interpol “Red Notice”—a sweeping arrest request—for Hayden Davis, who claims to be behind the launch of a memecoin that has Bitcoin reserve, launched his own memecoin in January. Trump’s cryptocurrency was characteristically called TRUMP.

After Milei endorsed his own memecoin, its value skyrocketed to a total market capitalization of more than $4.5 billion, according to the crypto analytics tool DEX Screener. But LIBRA’s price soon plummeted, and it’s now fallen more than 99% to about $18 million.

Blockchain analysts discovered that insiders, who held tokens before Milei endorsed the memecoin, sold large stashes shortly after he posted about LIBRA. Hayden soon copped to helping Milei launch his token. “I am indeed Javier Milei’s advisor,” he said in a post on X. He also claimed to be behind the launch of Melania’s memecoin.

Just days after LIBRA’s launch, a federal judge in Argentina opened an investigation into Milei. Both Milei and Hayden have denied wrongdoing.

This story was originally featured on Fortune.com



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The case for a U.S. sovereign wealth fund

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Edward Jones CEO says now may be time to ‘buy the dip’—but for stocks, not crypto

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FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.



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