Market News: LIBRA team is negotiating with the Nigerian government to launch Meme Coin

PANews reported on February 18 that according to unconfirmed reports of Beincrypto's signings, the LIBRA team also negotiated with Nigerian officials on the issuance of another unstable meme currency. As of now, there is no evidence that Nigerian President Bola Tinubu has a direct connection with LIBRA, but his team is reportedly in close negotiations. Hayden Davis, CEO of LIBRA market makers, claimed he had received a lot of invitations to assist with more "rug pull" scams.

The controversial meme coin LIBRA endorsed by Argentine President Javier Milei has become the core of mass fraud allegations. President Milei denied ties to LIBRA after the market cap plummeted and faced threats of investigation and impeachment. What is even more shocking is that the LIBRA team plans to join forces with the Nigerian government to launch a new meme coin. The key figure connecting LIBRA and Nigerian officials is Hayden Davis, CEO of Kelsier Ventures. He is a U.S. citizen, thus likely giving the FBI and the Department of Justice jurisdiction to investigate the LIBRA incident. Previously, Davis casually admitted several major financial crimes in a long interview. He said the crimes brought him new opportunities.

Community detectives speculated that Davis was behind Memecoin MELANIA and related scams, and he confirmed the allegations in an interview. In other words, MELANIA may have allowed Davis to gain access to Nigerian officials before LIBRA. Reports cannot confirm whether the Nigerian president is involved in the program. However, Davis said “the project has been going well” and several members of his team were actively involved. Nigeria's recent enthusiasm for the cryptocurrency sector has added credibility to these claims.