The resolutions include the creation of a special commission to examine the Libra case, summoning key members of the executive branch, and demanding an official government report. Those to be summoned include the Chief of Staff, Minister of Economy, Minister of Justice, and the head of the National Securities Commission (CNV).

You Might Be Interested In: Elon Musk Talks About the Name of a New Memecoin!

“It’s time for Congress to examine whether Argentina has been harmed. We have a duty to uncover the truth,” said Pablo Juliano of the Democracia para Siempre party. On the other hand, Nicolás Mayoraz from La Libertad Avanza criticized the move as interference with the separation of powers.

Milei and Libra

Libra, a Solana-based memecoin, was launched on February 14 by Delaware-registered Kelsier Ventures. Within hours, President Milei promoted the token on social media platform X, claiming it would support small businesses and startups across Argentina.

His post described the token as a “private project” and linked directly to the Libra website and smart contract. The token’s value skyrocketed to a $2 billion market cap before plummeting by over 90%, sparking outrage and calls for impeachment.

Milei later distanced himself from the project, stating he had no prior knowledge of it. Meanwhile, Kelsier Ventures CEO Hayden Davis claimed he had advised Milei and worked closely with his team. Davis also admitted that the team used a “sniping” strategy to gain early profits and was involved in the MELANIA memecoin, which also experienced a sharp rise and fall.

An Argentine prosecutor has requested an Interpol Red Notice for Davis, who is reportedly behind yet another memecoin that crashed shortly after launch.

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Allegations Against Richard Heart

The Red Notice, issued at the request of Finnish authorities, alleges that Heart is guilty of tax fraud between June 2, 2020, and April 2, 2024. It also accuses him of assaulting a 16-year-old victim, reportedly dragging the victim by their hair and knocking them down in a stairwell.

Though a Red Notice is not an international arrest warrant, it acts as a request for law enforcement agencies worldwide to locate and provisionally arrest the individual. The allegations were first detailed in a remand order issued three months ago, on September 13, 2024.

Heart Remains Active on Social Media

Despite the charges, Richard Heart has continued to remain active on social media platforms. In a recent X (formerly Twitter) post on December 21, he indirectly addressed the situation, saying:

“If the haters really wanted to get me down, they could raise more than the $27M I did for medical research.”

Heart further stated, “Nothing makes haters angrier than success. Every time they think of you, it reminds them how they’re not doing half what they could.”

Ongoing SEC Lawsuit

Heart is also entangled in a lawsuit with the SEC over the alleged unregistered offerings of Hex, PulseChain (PLS), and PulseX (PSLX). The SEC claims he raised over $1 billion through these token sales, touting them as “a pathway to grandiose wealth for investors.”

In August 2024, Heart requested the dismissal of the $1 billion lawsuit, but the SEC argued that it holds full authority to pursue the case.

As of this publication, Richard Heart has not publicly commented on the Red Notice or the ongoing legal challenges.

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