PANews reported on February 19 that according to CoinDesk, a key figure behind the Libra token boasted that he had paid his way into the inner circle of Argentine President Javier Milei months before the scandal-ridden meme coin failed to be issued. According to the text messages reviewed, Hayden Davis, CEO of Kelsier Ventures, claimed that he could "control" Milei because he had been paying Karina Milei, a heavyweight in Javier Milei's government and the president's sister. Davis claimed in a text message in mid-December last year that "I control that guy," adding, "I send money to his sister and he will sign anything I say and do what I want." It is unclear whether there was any money transaction between Davis and Milei's inner circle before Libra was issued.

In text messages last December, Davis claimed that he could get Milei to promote the project on social media. Two months later, Milei’s tweet about Libra fueled its price surge. But after finding on-chain evidence showing suspicious transactions, Milei deleted the tweet just five hours after it was posted, and Libra’s price had already plummeted.

In response, Hayden Davis, co-founder of the Libra token, denied bribing the Argentine president in a statement, calling the media reports "politically motivated." When asked if he denied making such allegations via text messages, his public relations representative said that there was no memory or record of Hayden's phone.