The Ben and Emil Show - BAES 88: This kid just stole $100 million from Argentina
Episode Date: February 20, 2025President Javier Milei tweeted on Valentine’s Day about $LIBRA, a token he said would help raise funds that would go directly to small businesses and help Argentina’s economic growth. It reached ...$4.56 billion market cap before absolutely collapsing, making insiders over $100 million in profits. So what happened? Who was involved? Who’s going to prison? And WHERE DID ALL THAT MONEY GO? It’s a veritable who’s who of the recent crypto mania, including big names like Dave Portnoy, Adin Ross, the "LA Vape Cabal" and other clowns. It is the most incredible story we’ve heard in years. __ PORTLAND! We are coming April 13th! Come see us! https://www.etix.com/ticket/p/96128474/ben-and-emil-live-portland-hawthorne-theatre Ben fully crashes out in this week's bonus. Sign up and support the show at https://benandemilshow.com ***LINK TO OUR DISCORD: https://discord.gg/CjujBt8g ***Subscribe to Emil's Substack: https://substack.com/@emilderosa ***Leave a comment! Like this video! Tell a friend about our show! Latest MEATBALL SPECIAL HERE: https://youtu.be/uIOdsIn1Tdo Last week's episode HERE: https://youtu.be/ApxrNF67jbs We bought suits HERE: https://youtu.be/_cM1XqA9n2U __ MOOMOO: Click this link https://j.moomoo.com/BAES to get up to 30 free stocks from moomoo U.S when you make a qualified deposit + earn 8.1% on uninvested cash for a limited time for new users!! Terms & Conditions Apply Options trading is risky and not for all. Read the Options Disclosure Document (https://j.moomoo.com/01Zy9J) before trading. Options are complex and you may quickly lose the entire investment. Supporting docs for any claims will be furnished upon request. Securities are offered through Moomoo Financial Inc., Member FINRA/SIPC. The creator is a paid influencer and is not affiliated with MFI and their experiences may not be representative of other moomoo users. Investing is risky. Visit https://moomoo.com/us/support/topic4_222 for information on the Cash Sweep Program. MUD/WTR: Start your new morning ritual and get up to 43% off your @MUDWTR with code BAES at https://mudwtr.com/baes #mudwtrpod SHOPIFY: Upgrade your business and get the same checkout we use! Sign up for your one dollar per month trial period at https://shopify.com/baes to upgrade your selling today. __ This episode was edited by Connor Rousseau / @ conrad_roussrad Follow us on instagram! @ benandemilshow @ bencahn @ emilderosa Learn more about your ad choices. Visit podcastchoices.com/adchoices
Transcript
Discussion (0)
This was not just a bunch of insiders dumping on an unsuspecting public.
No, it was merely a plan gone wrong, quote, at a presidential level.
Javier Malay, no.
It all quickly falls on the shoulders of one Hayden Davis.
Dave Portnoy, he blew the whole thing open.
Whose money is?
I don't know.
I mean, it's definitely not my.
It's Argentinus.
He's trying to get Dave to play ball, and Dave's just going,
Well, no, I'm going to be transparent about all this.
And Hayden's like, no, transparency is bad in my business.
The screenshots of the text of Hayden saying, don't tell anybody that I gave you this.
And Dave's just fully immediately putting it out there, going like, he told me not to tell you guys, but here it is.
So I'm like, I'm back in on Libra.
Only prop dumping money in.
Only problem I'm buying the wrong Libra.
I guess I'm the owner of Long Libra these trenches.
I'm crawling.
Oh, wow.
I'm looking down to town with Benin' Me.
Tell me what's going on.
Tell me what's going on.
So listen to a baby to me.
Tell me what's going on.
Tell me what's going on.
Hey, everybody.
Welcome back.
We've got a really, really great episode for you today.
It's going to be full of.
of drama. Intrigue. I was just going to say intrigue. That's very good. Drama. Intrigue.
What else? What else? Lies. Corruption. Danger. Danger. Danger. Actual danger. Presidential drama.
It's, uh, I mean, this, this story's got everything. Threats to life and property.
I'm really surprised that I haven't heard it anywhere in the lamestream media.
Do you think the lame stream media is covering this? No, they're covering...
They're too busy with their heads up their asses.
Oh, man, you cussed.
You can't say ass?
Oh, okay.
All right, then we're fine.
Hey, let the asses fly.
All right.
Well, not too many.
Oh, sorry.
So, folks, before we get started, before we get started, if you're in Portland, Oregon, or anywhere within the vicinity, we are coming to you.
We are coming on April 13th.
It's a Sunday.
You have no excuse.
There's no holiday that day.
Some of you might have excuses.
Maybe you have a final the next day.
Maybe you've got a death point.
Maybe you're getting surgery that day and you won't be able to make it.
But if you don't have a final the next day or surgery that day.
Yeah.
Tickets are going fast.
Grab yourself a ticket.
We've got a link in the description, the Description.
And it's going to be so good.
I thought of a fun bit the other night when I was smoking the reefer.
But I actually don't know if it's just a stupid thought.
It's probably stupid, actually.
I should go back and...
Yeah, we'll see.
I had one of those.
I'll talk about it in the bonus episode, Beninamielshow.com, because I got too high the other night and thought I was having a heart attack again.
Oh, great.
But I was by myself this time.
It wasn't fun, man.
It was not fun.
Okay.
Oh, one quick reminder that we are going live this Friday at noon from our channel, which we're having so much fun with those.
We're going to just try to keep doing it weekly.
So if you want to join us and you're watching this on Thursday.
It's going to cost you, though.
No, it actually costs.
No.
not. It's free. It's completely free. We can tune in live for free. You can tune in live for free.
Friday at noon. Yeah. And we'll be there every Friday unless we have a final the next day or we're
getting surgery. Yeah. Or we have a death plan. Or we have a death plan. Yeah. So, yeah, join us Friday.
Ben and you're already here, well, unless you're an audio listener, in which case, what the hell's your
problem? Oh yeah. Audio listener, come join us. It's great. You can get in the chat. You can do all kinds of
things. Audio listener. How are you? This is Ben speaking. I hope you're feeling good. I hope you're feeling good.
Huge shout out to my friend Kate and my friend Paul and my friend Shane.
These are all people who listen.
Anyway, okay, hey guys.
We've got what a, what a, oh my God.
This is the biggest story.
This is bigger than the Trump coin story.
Oh, yeah.
So we've tried to organize.
I mean, there are so many things.
And even as I was going over the outline today, there was more stuff coming out.
Yeah, and there's so many weird.
people coming out with their own tale about their interactions with some of these players.
And it's just, it's hard to keep your head screwed on.
So let's go over what happened in a nutshell.
In case you've been incapacitated, I'm not going to say living under a rock because I'm just not going to do that.
But we're going to talk about LibraCoin.
Yeah.
President Javier Malay, the sideburned, what would you call?
Give me a nickname here.
Because, you know, you called Elon Musk the South African jumping bean.
I don't know.
He's the, you know, he's the libertarian guy.
You guys have seen all your least favorite people cheer on.
Elon Musk counts him an important thought leader for him.
He's a very strange-looking man.
Wow, he leads thoughts.
He's got very strange.
Sideburn?
Just a strange life in general, strange opinions.
And he's been tasked with saving Argentina from their economic crisis.
Yeah. And he tweeted on Valentine's Day about Libra, a token, a crypto token that he said would help raise funds that would go directly to small businesses and help Argentina's economic growth. Sounds great. It reached a $4.5 billion market cap before absolutely collapsing, netting insiders over $100 million in profits. I bought this coin. And prompting Malay to delete his...
Yes.
Tweet of support and promptly washes hands of the whole thing.
So what happened?
Who was involved?
Who's going to jail?
And where did all that money go?
It's a veritable who's who of the recent Cryptomania, including big names like R-Pal, Dave Portnoy.
I mean...
I wouldn't go as far as to call him R-Pal, but...
He...
His involvement is perhaps just the funniest, dumb little dipshit
cherry on top of the whole thing because he is truly an agent of chaos throughout all of this.
But like we said, it is the most incredible story I've personally heard in years.
It's also so funny because I kept being like, oh, we got to remember to cover the Octua return.
You know, she's talking about how she, how she didn't have anything to do with it.
She made it back to her podcast.
And then you're like, oh, my God.
Oh, this is, I mean, bear with us, folks.
just all seems so charming.
Yeah.
Compared to...
No kidding, man.
But yeah, I remember I was walking around on Saturday and my friend Drew sent me a text,
the president Malay text.
And I thought, oh, tweet, yeah, thank you.
And I thought, oh, Jesus, I guess I should buy this fucking token.
And I bought it.
And it was like $2 and, I don't remember, two or $3 at the time.
You were mostly interested in helping out Argentina and small businesses.
I mean, 100%.
That's all I care about.
You believed in...
And Libra, they're saying it might be a nod to the libertarian or, you know...
Freedom.
Yeah, his freedom.
So I bought it.
And then about 30 minutes later, I went to check on it.
And it was already down, I was already down like 30%.
And I thought, oh, no, that's not good.
That's not good for those Argentinian small businesses.
So I bought a little bit more.
And I thought, ah, she's just going through a rough patch.
It was like, turn around.
This will come back.
And I bought it at like $2.
And then the next time I checked it was at $0.50.
And I thought, well, that sucks.
And then I just sold it all.
And then I watched all this shit unfold.
So let's get into who the players are.
Because there are just a few key players.
for anyone who's watched all these things
and been like, you know what? Maybe I just
maybe I can be one of these guys who
makes their fortune on these
meme coins. I think this one marks
the top because
Aiden Ross, the
genius wonderkind
of the internet
just had a live stream with
a couple of the other. They call themselves the
L.A. Vape Cabal, which
are just a group of...
Words that make you want to kill yourself.
They're guys who look exactly like you picture them,
If I were to tell you, they are L.A.-based crypto influencers, unwashed, bleached hair, bad piercings, tattoos, neon lights behind them, really cold temperature lighting in their houses, you know, like overhead fluorescent fucking lighting and anime shit going on.
Yeah, there they are. There they are. There they are. There's those guys. Look at those sweet guys. Audio listener, just imagine a bunch of shit.
shitheads together.
One of them, that guy in the center is Faye's Banks, right?
Oh, yeah. And he's famous for being a gamer.
And, but now since...
But he recently went on Hock Tua's return podcast to act as some kind of, I don't know,
olive branch to the crypto community or something, but it's a whole...
And then he was pissed that they released it because he didn't think they went far enough to.
Yeah.
So these guys were just talking about how Aidan R.
Ross actually made a great, uh, salient point that this probably marks the, at least,
did you say Aiden Ross made a salient point. He did. He made a salient point that in as much as
NFTs kind of marked the top a few years ago, this marks the top right now for a lot of the
alt coin shit. So yeah, I dumped all my fart coin, for example. Wow. I had a loss, at a, at a,
at a big loss from my recent purchases of fart. Aiden Ross is, uh, I mean, partly, partly. But, so,
number one player in all of this, obviously, is President Javier Millay. He publicly endorsed. It appeared
to be an endorsement of this coin. He tweeted that it was a way to help Argentina and small businesses
there. The second big player is this KIP protocol, and the CEO of it, his name is Julian
Pei, Pei. Yeah, Pei, I would say. He's an Asian guy, P-E-H. He had gone to Argentina in October,
actually, and discussed helping Argentina become a decentralized and AI sovereign country.
And he, let's click that blog post.
It's important because, yeah, so there's Julian right there with President Malay.
Historic moment for KIP protocol.
A historic moment for guys with pasty skin, because boy, are they both, I'm one to talk.
But so Malay, apparently, he's probably seeing everything that's going on with El Salvador
and their Bitcoin holdings. And he really is gung-ho about he's a techno-optimist.
And KIP protocol, this guy Julian thinks like, okay, we can really, really help you out.
And they're saying that they're going to work together this blog post. They're talking about
how the conversation centered on three key pillars, building AI sovereignty, supporting job
creation through education in integrating advanced AI applications into Argentina's universities.
Great. Cool stuff. Sounds, um, sounds nice, right? Uh, sure. And we'll, we'll get to it.
I mean, so KIP protocol claims that they have, they go on to claim that they have no part of
this. They are simply a company that does AI stuff. Every time these fucking things go belly up,
they're like, oh, we didn't know. We had nothing to do with this. That picture?
of me with the architect of the whole thing.
That was just a...
No, no.
And the blog post where we bragged about it.
Yeah.
Hey, gang, we want to take a quick break
to talk a little bit about caffeine, right?
A little bit of brain fog sometimes you get from that old caffeine.
Today, I've been on a good one, baby.
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Yeah, right in the afternoon or in the morning.
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than clean, delicious energy. Then you had these two guys, Maricio Novelli and Manuel Godoy.
They are from something called Tech Forum, Argentina.
I believe they worked with KIP protocol in Julian.
This is where it all went down at Tech Forum, Argentina.
Yeah, at Tech Forum Argentina.
That's where these conversations first took place.
But then, man, oh man, the absolute star of the show and future prisoner, federal prisoner.
Because this guy's, he's got to, I mean, he's got to go to jail.
If he doesn't end up, jail would be good for him.
It sounds like if he doesn't end up in jail, someone else is going to.
going to get it first. Because he could get legitimately kidnapped, murdered anything. I mean,
boy, oh boy. And he knows it. Yeah. His name is Hayden Davis. And he represents a company called
Kelseyier, Kelcier Ventures. And let's take a look at his LinkedIn page. Another guy who looks
like you imagine him. He is a promoter. This guy, Hayden, and his company, Kelseyier Ventures,
he is a promoter for crypto stuff. He is, if you are a budding entrepreneur or whoever you are,
some company or when you hear about meme coin starting, Hayden is a guy that you want to contact
if you have no idea what you're doing. He's going to facilitate the launches for you and they're
going to collect, they're going to collect fees on the project. They're going to collect fees.
They're going to help provide liquidity. They're going to help facilitate the trading of everything
to make sure that your coin launch goes as planned. There are a,
official website on Kelsior says that they, quote,
fuel Web3 innovation through the synergy of go-to-market expertise,
in-depth research, and targeted investments.
So it's basically, it just means a whole lot of nothing.
We support Web3 visionary projects at every stage.
Our expertise and resources bring your vision to life.
I love how they just also put like, here's this little triangle we designed to show you,
we know Web3 stuff.
Let me see.
Oh, yeah, here we go.
Purely, your growth with strategic investments and key partnerships, possibly the president of Argentina.
So this is, someone captured the...
Dude.
So his skills include hustling expert and business networking.
His education, he went to a place called Liberty University, where he started, stuttered, fuck, studied international business.
And his experience is very, very, he's got a deep bench here in his experience.
in May of 2020, he founded something called luxury drip.
And then in August 2017, before that, he was just an entrepreneur.
Well, he's still presently that.
That's, for seven years and seven months, he's been an entrepreneur of his own company.
Leaders Elevate.
And then, of course, most recently, starting in October 2020, he's the CEO of Kelsior.
Which is basically just a fucking company he created.
and made a website for a landing page.
And you know, I got to hand it to this guy.
And even says self-employed on there.
I got to hand it to this guy because if we go back, let's see what he was up to in 2020,
shall we?
Because he was, he wasn't quite there.
Oh, God.
These fucking people.
He's scrubbing the internet.
He's scrubbing the internet.
He was selling Supreme branded Oreos.
Yeah.
There's a photo of him with a box.
See if you can find that.
I am.
Anyway, and then...
Damn, dude. He is fucking trying to disappear.
I mean, he's not gonna. He's not gonna.
I hope the video is still up of him that he released, the three-minute video of him.
Oh, it's, of course it is. I mean, it might not exist on his account.
Yeah, okay.
But it exists elsewhere for sure.
And then you had, and you're going to learn a key...
Oh, that's funny. You're going to learn a key piece of vocabulary here.
There were several KOLs who knew that this thing was coming, this coin was coming, and a lot of them were paid in the currency in this token to promote it, including and especially Dave Bortnoy.
Now, what is a KOL? KOL is a key opinion leader, which is a term that I believe is unique to the crypto space.
No, I don't think so. Is it?
I don't know. I've only ever seen it in the crypto space. Maybe I'm probably totally wrong.
Oh, I don't know.
Yeah. He, oh yeah, here we go. There's the photo of him with the Supreme Oreos.
He looks like a, I don't know. He looks like a, he looks like a baby. He looks like a big old baby, doesn't he?
He really does. But yeah, he was selling, he was hawking, uh, the fuck, we're Supreme. Does anybody give his shit about Supreme anymore?
I don't know. Jim, you would know. Does anybody care about it anymore?
Not really. Yeah, not really. Not really. Okay, so.
thing that I just said about all these key opinion leaders in the crypto space, knowing it was coming, folks, I certainly hope a lot of them are going to get in deep shit.
Which is, but it's not unique. I mean, we were on the live with the Trump stuff. We were scrolling through, we were scrolling through all these people who were making money. It's, uh, there's stuff in the sell side column, but in the buy side, there's just a big old blank. Yeah. Because they were just gifted coins. I mean, it's, it's classic on any.
of these launches. There was actually, I don't know if you saw today, I can't remember if I sent it to you
or not. Bubble Maps and CoffeeZilla, huge, huge hat tip to CoffeeZilla, because I don't know
how the hell he does the sleuthing that he does. But they- I also don't know how he gets these
people to talk. I mean, it's, it's, maybe it's just par for the course with these spaces is that
these people are so fucking stupid. It's, it's reminiscent of the like SBF thing where he just couldn't
help but go on fucking interviews
ABC just
his lawyer's probably pulling
his fucking hair out going stop
stalking. God, shut
the fuck up
but
yeah they found
actually because you know people
were speculating about who
made how much from
the Trump coin insider knowledge
they found
one guy I think his name is what was it
Hakeem Jeffrey
No, it wasn't, it wasn't, Hakeem, it was, ah, it was just some, some random guy, some, just some
account on, let me find it real fast. It's worth finding, but he made this, through all of their
digging on the blockchain, they found one account, one guy on Twitter who has now, he's now
private, he's made his account private, Nassim, Nassim, made over $100 million on the Trump
coin. And this guy's account is totally locked and he's probably in the middle. He's got
enough money where you can probably just fuck off forever. But, uh, so let's let's get back on track
and look at the timeline. Valentine's Day. A beautiful time for all of us. A beautiful time for
lovers. We did a nice little lovers live, uh, live stream. We did. It was very nice. Uh,
Malay tweets. President Malay had other plans. He tweets.
liberal Argentina grows.
This private project will be dedicated to encouraging the growth of the
Argentine economy by funding small Argentine businesses and startups.
The world wants to invest in Argentina.
Long live freedom!
Damn it!
That's his catchphrase.
Long live freedom, damn it?
Wow.
And then this Kobayasi letter?
How would you pronounce that?
Yeah.
Another great account to follow.
They discovered that the website for this was created just hours before the launch.
The domain was registered for only a one-year registration period.
There's no public owner information.
And, yeah, there's just like, it just seems cobbled together.
Within three hours, during which I bought the coin.
I gave these guys a little bit of, they, a little bit of that $100 million is mine.
A little tiny bit of it is my money.
Well, he might be made whole. We'll see. I don't think so. I think I got a new hole, if you know what I'm talking about, because I got absolutely fucked. So within three hours, Insiders dump just over $87 million worth of this token. I don't quite understand how it works, but allegedly they were, these liquidity pools are a source for exactly what they sound like. They are a source of liquidity. You've got U.S. dollars in them.
you've probably got Solana in them, and then you've got the Libra token.
And from what I understand, these insiders completely removed the dollars and completely
removed Solana and made it so that the only source of liquidity was their own Libra tokens,
which made it so that it was suddenly very illiquid, hence the crash.
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Wasn't there also snipers at play here?
snipers if you don't know
are just
I mean they can do all kinds of things
but on launches like this
they basically have all kinds of bots
who are snatching up coins
in milliseconds
earlier than anyone can get in there
it's basically like
a flipper when you go to
when you go to log on
to ticket master to get a
Beyonce ticket
and then all of a sudden you're like
what the fuck I was first in line
I got in here at 10 a. I just want to buy my ticket
and some guys trying to sell you a resale
ticket for like 10 grand
That's a sniper.
You got sniped.
Yeah.
So Malay quickly deletes his tweet, and he tries to distance himself from this thing because it's an immediate
disaster.
He says he didn't know the details of it, and everybody's just kind of left going, what the
fuck just happened?
KIP, the player we mentioned earlier, they come out, they deny everything.
They say that they are not part of the launch.
They didn't make any money.
they are not connected to Hayden Davis.
They say their business is in AI stuff.
They say that they were only hired to distribute the funds upon collection to the businesses
that the project purports to want to help.
And they issued a statements saying exactly that.
It's a really, I mean, they really get into it because they're taking the,
they're alleging that Javier Malay and Argentina are essentially lying about them.
Javier Malay.
No. Because, yeah, their official statement has all of this. I mean, they've got a ton of stuff in
this statement, but they do the Spanish text, the translation, and then they clarify their
involvement. They say KIP's KIP Protocol's CEO, Mr. Julian Pay did meet with President
Malay on October 19th, 2024. They were an official sponsor of the tech forum. He spoke with
Malay through a translator. They spoke about AI technology in general and KIP Protocol.
desire to do more business in and to invest in Argentina.
This was Mr. Pace's first meeting with President Malay.
There was no discussion or mention of any specific initiatives, including the token project
for launching any tokens.
KAP Protocol is not in the business of helping organizations launch tokens.
We are not, we are a technical AI company focused on deploying AI solutions.
They go on to deny more stuff.
I, for one, don't believe them.
You know why?
Because this industry has proven to be ripe
with all kinds of lies, corruption, scheming,
mutual back rubbing, etc.
Rug pulling, sniping, all kinds of terms.
It all quickly falls on the shoulders of one Hayden Davis.
I don't know, he looks like a video game.
Dude, the glasses, I mean, when we watch the video,
you'll be able to get a better look at them. They're just kind of, they're all gold all over. And this shirt, I've never seen a shirt like this in my life. I love that these guys are really living in 2040. He looks like an anime villain. The way he's just sitting there in that chair and he's got the big broad shoulder. He looks like a huge guy. He looks like he's six foot five.
Well, I think the shirt is doing him a lot of favors there, making him very broad shoulders. Yeah. But he's got the broccoli blonde hair. He's got these ugly.
grandma gold-rimmed corny glasses
and oh man oh man does he go on
the dumbest offensive you've ever seen
he goes on coffee zilla
and for those who don't know coffee zilla is
the the leading
source for
investigative stuff as it pertains to
crypto cryptoscopes he's called out a whole bunch of people
like the logan paul one was a huge one
where his like crypto zoo or whatever
and he often gets these people to respond to them
because he's doing such a good job
eviscerating their entire projects
that they feel the need to then defend it
and say no they weren't actually ripping off
their entire fan base. There's a legitimate
legitimate service here
but he often works with them like
here's what you can do to like make it right or whatever
I think he kind of alludes to that
Hayden that's why he ended up coming on
he says something along the lines of, you know, that's why I agreed to do this. I don't know what to do. I don't know what to do with all this money I have because he's right now in charge of about a hundred. Well, actually, the way he describes it, it might be closer to like $130 million all in. With the fees and stuff. And he's nervous that everyone wants to fucking kill him.
Hayden is on Coffeyzilla. He says, he says that there were snipers. He said that nobody knew about this.
and he has no idea how snipers figured it out.
In this, it's an hour-long interview.
Hayden talks about how, despite their best efforts,
there are snipers out there with just the bleeding edge software
who are somehow able to find these projects before they launch.
And he goes on to describe how they were trying to defeat the bad guys
by being the good guys, kind of.
Like, hey, well, we sniped our own project, aka we bought a bunch, and I'll just let it play.
He basically goes on to describe really well, really well, why you shouldn't get involved in any of these things.
And basically that fraud and all of this is just an inevitability with...
Oh, it's an innate, it is a feature, not a bug.
And he, even as describing it, though, he's like, but we also just have to do this.
This is how it has to be.
We have to do these cryptos.
So let's play this clip.
right and you're trying to avoid all these snipers there's not there's not like
there's this whole context around like shit loads of um insiders that's not that's not
what's going on what's going on is you have these i don't know how they're doing it but these
expert snipers like guys that are clipping 1.7 2 million 800 000 1.2 million into the charts
and then what you have is all you because you know on big launches all this
volume's going to come in and then you're like fuck this guy like at one point one of the top
wallets which for some reason still hasn't sold a bunch i don't understand why but had 57 million
dollars right and at a five billion market cap or 4.5 which is what which is what uh
libra was at that's still going to crush the chart it's not like that's five billion it's not like
that's 4.5 billion dollars so then you have to make a real-time decision where you're like okay
do I pull some of the
do I swap some of the
liquidity out to protect the
floor knowing that I know
that there's more marketing plans coming
or do I just
let the chart get crushed
right and that's what happened
every single one of these launches
that's what happens
okay
so what he's saying here is
there are these guys
who put $800,000
$800,000 a million, $2 million
into these
tokens, and then they just flip them. And as soon as these guys hit the sell button, it just
tanks the chart. That's what he's talking about, the chart. And he says that in those moments,
he and his team have to make a decision. Are they going to sell some of the tokens themselves
and then use that capital to put a floor in, so to speak, which is exactly what it sounds like,
like protect the price, keep a bid, say it's at a dollar. Like, okay, we got to keep supporting the
price kind of artificially ourselves to absorb the cells from the snipers, or do we just let
it all go to shit? And he's referencing there that he thinks that, you know, Javier Malay and all
these people are still going to be on board and there's going to be this big push for them. So he's
like, I know it's coming. There's going to be this infusion coming where there's going to be all
this hype. So we just need to get through this rough patch. We need to get to that second tweet
the night. Right. And here's the thing. The second tweet didn't come. In fact, the first one,
was deleted. So he's left holding his...
And Malay has distanced himself from it.
He's left holding his dick in his hand fully.
And he's just going, oh, God, what do I do?
So he says, he goes on to tell Coffeyzilla all sorts of things.
He says, this wasn't a rugpole in the traditional sense.
This was not just a bunch of insiders dumping on an unsuspecting public.
No, it was merely a plan gone wrong, quote, at a presidential level.
which is a
it's not a real level
well it's very
you know in the lead up to all this
we've been seeing madness right we covered a little bit
of it people thought there was a
cuba coin all the sudden but that turned out to be
a oh I didn't even see that oh yeah
yeah yeah yeah yeah yeah but that turned out to be a hack
there was all these hacks right there was like a
Catholic church holy coin
very briefly before it turned out to be did you really no
before it turned out to be a hack and
this is
very clearly not a hack. This came directly from the president of Argentina. He confirmed that
KIP was going to do the non-profit part of it, distributing the funds, and that he himself was going
to do the launch and distribution. He said that this was meant as an experiment, as kind of a trial run
with President Malay, because like we said, he's really gung-ho about putting everything on chain,
tokenizing things
and then
my favorite part
is how Dave Portnoy
is involved
because Dave Portnoy
K-O-L Dave Portnoy
Oh my God
he fucking
he just blew
the whole
he blew the whole thing open
he said that
he goes on Twitter
he's talking about
how he and a bunch of other people
knew that this coin
was about to be launched
which in itself is
cheese. I mean, that is
immoral at best
at worst. I can't decide.
They all knew that it was going to come.
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on to the show.
Dave Portnoe has been
wading into the shit coins thing,
meme coins thing, and he's
extremely stoked about it. And
you'll see, he even questions
the legality of all this.
This is before he got involved in Libra.
So I can make a video on this shitcoin world,
which I've never had shit coin,
never knew how to get into shit coins.
I understand what a shit coin is.
It's like the rocket game on DK,
like how much are you going to press till the rocket explodes?
There's all, there's a million of these coins,
a million of them.
I finally, Austin, my guy taught me how to get in.
If I tweet about a coin,
and I did it twice today,
It was the, who's the, that reality show coin, Montoya.
I bought that, tweeted that I bought it, thing went up.
Then I sold it.
I did Josh Allen MVP, same thing.
Tweeted, hey, I'm buying this.
I'm going to sell it.
I turned like 10 grand total into like 75 grand.
I don't even know how.
Like, it happened so fast.
I know if I just sat and did this and you wait longer, sometimes you don't.
I don't even know what I'm doing with my life.
Like, I feel as.
though I could sit here and make millions just trading shit coins.
Do you go to jail for this?
Can I not do this?
I think it's legal.
I don't understand.
This is totally different than me doing my own coin, which I won't rug pull or anything.
This is just being a trader.
Like I, Davey Day trade.
Have I been there?
All right, we can cut it there.
But he points out, you know, so he's not, he's not minting his own coins and doing
rug pulls.
He's basically saying that I buy into coins.
I tweet that I'm buying it
it fucking goes up and he sells
before any of you can sell
and he says
he says that he's transparent he says
I say in my tweets that I'm going to
sell these things and it's up to you
if you want to follow them
it's not you know I don't know what I'm doing
I'm not I'm not minting these things
I don't know how to do it I was trying
to work on a Dave porno impression I didn't
quite get it but he's completely
open and arms about the fact that he's just
he's found this formula that
works for him and he's just, it's easy money. Right. And we'll, we'll get to him a little bit
later. But so, uh, Hayden goes on to say that this is not, this does not constitute insider
trading. None of this does. The fact that Dave Portnoy lost, because Dave Portnoy lost five million
dollars of his own money buying this thing because he had prior knowledge of it going public.
He did wait until 10 minutes after Malay tweeted it is when Portnoy finally bought it. But that was
because he knew that it was coming. Well,
But didn't Hayden try to gift him?
Yes.
Hayden tried to gift him coins.
In exchange for promotion.
But just so you know, I'm going to tell people they were gifted to me.
Yeah.
And Hayden said, oh, no, no, no, don't do that.
And then to Portnoy's credit, he said, well, then I can't do it.
I have to be open and transparent about what I'm doing with all the stuff.
And he didn't take it.
He gave him back.
He gave it back, but he did still buy in because he believed it was going to rock it up.
And to his credit, he bought it out.
After it, I'm sure he was talking to a lawyer, because even if you have knowledge about
something, I don't believe it constitutes insider trading as long as you buy it after it becomes
public knowledge, which is what he did. It got tweeted. Oh, so he waited for Malay to tweet.
He bought it 10 minutes after it came out. He bought $5 million worth, promptly lost it all,
and then Hayden Davis felt bad and personally refunded him the money. From his own funds.
From his own funds. And Hayden says, this is just what happens with
key opinion leaders. It's just, this is the way the game works. I think he also said,
don't tell anyone I'm doing this, paying you from my own funds. And he, of course, posted the
screenshots. Yeah, it's so great. I mean, we'll get to that in a bit. But Hayden goes on to say that
because of the way that these are features and not bugs of the whole crypto meme coin space,
they should not be treated as capital markets. They should be treated as casinos. And he seems to
believe that because they shouldn't be treated as capital markets, they aren't subject to the
same rules and regulations as capital markets. That none of this constitutes insider trading.
None of this constitutes market manipulation. It's just the way the game works.
These also aren't subject to the same regulations as casinos and gambling.
Casinos are one of the most regulated industries in the country. I mean, forever, he was relegated
to just one portion of the country where you had to go there if you wanted to do it.
Yeah. Coffeezilla then he confronts him and he says, hey, we found,
that the same wallet
that you used to refund
Dave Portnoy is linked
to sniping Libra.
And this is where he
says what he says right here. Let's play.
If you launch the coin,
isn't it unfair for you to snipe the coin?
So I would say no.
And I would say that for a couple different reasons.
Number one, a lot of the times when,
and again, this is like,
I mean, again, it's a much larger conversation.
which is what I told you in text.
But most of the time when we're, A, I have lots of, I have, I have different money in different places, obviously.
Cool. But from the standpoint of sniping, most of the time when we're sniping, we're attempting to avoid other snipers getting in.
Got it.
Right. So whether that's, and I, by the way, I don't conduct snipes.
I'm not a deaf. I just want to throw that out there for, like, I don't even know how to.
I don't like if you told if you if you if you put me in front of a computer and had me try and figure out
to snipe I don't I don't even know what I've never done a bot I don't know any of that shit
but you you're not denying that wallace linked to you snipe Libra
but you're just saying you didn't do it to link to the project I wouldn't say link to me
I would say link to the the wallet which refunded Dave which Dave said was your personal funds
that just so that just happened to be at the time of stress where we moved money from
but that was just a mistake.
I mean, if anything,
because, like, in that particular case,
all I would do is, like, that money,
when it went back into the chart,
it would just flow through another wallet
back into the chart.
Like, that money, that money that we consider sniping,
quote-on-quote, is the project's money, right?
That's how we do it for, I mean.
So he's basically admitting to market manipulation,
which is majorly,
majorly illegal. It is not legal to use funds to prop up, support, or pump the coin that you are
launching for the purposes of maintaining the illusion of liquidity or maintaining the illusion
of there being a lot of buying pressure, a lot more buying pressure than there might actually be.
What if it's for the good of Argentinian small businesses?
That might change things. You're on.
Can we have a five-minute recess to discuss this?
He's saying that, well, the only reason we're engaging in this illegal market manipulation
is because if we don't, someone else will, and it'll tank the thing.
So we're doing it for the greater good, which is, at the end of the day, you know, it's noble.
It's noble, but it's not legal.
You know, that'd be like, hey, I'm going to go rob this bank at gunpoint and use all of the money,
donate all the money to cancer research.
Hey, that might be noble, but it still ain't legal, pal.
Also very confusing, I mean, not confusing.
He's lying when he's talking about, yeah, that's from a wallet that has nothing to do with it.
And then in the next sentence being like, yeah, we chose to use that wallet.
That was a mistake.
Yeah, I mean, this guy, he deserves some kind of award for the most.
I mean, we're talking federal crimes that he is admitting to.
But anyway, these blockchain sleuths and these analysts, including Coffeezilla,
including these bubble maps people, then found evidence suggesting that the entities
involved with Libra are also the ones that were behind the Melania coin launch,
which was a major, major, it was just a total flounder on...
Can we play that moment where he asks him about that?
Because it's worth, it is one of the most...
Yeah, go back to that YouTube, the YouTube video.
I wish there was video of him so we could...
I just would love to see his brain, because there is a huge pause.
And I'd love to see his brain calculating.
Well, we can see what he looks like when we show his appearances on Dave Portnoy's stream a little later.
Just in this moment, I'd love to see him thinking about what he should say.
everyone's mind, mine especially, which is, were you part of the Melania launch and was that sniped as well?
Um, I mean, look, I think that I'm, I told you like beforehand this, but before this started, I mean, I'm happy to share the truth. But, uh, I mean, you're, you're, you're, you're, you're asking a question that's, I'm,
it's just I mean I'll answer but it's factually going to put me into a lot of danger
which is fine I'll answer which is fun I was part of it I think the the team did want to
snipe it because of how big the snipe was on Trump's and we weren't the we definitely
weren't the big sniper got it we were not the that that was what we were
were trying to avoid.
We didn't make any...
There was no money made from the Melania team on any...
We didn't take any liquidity out.
Don't believe you.
Zero.
Don't believe you.
Okay.
Okay.
It's also all so counter to the things he says of like, we don't even know how to
snipe, blah, blah, blah.
And he's like, okay, the team did want to snip the Melania.
And he says, because they saw how big the sniper was on the Trump coin, the Trump coin ended
up for all intents and purposes, it succeeded massively, despite there being a big sniper,
which is what he says they're trying to avoid because a big sniper could tank the whole thing,
which it could, didn't in the case of Trump. And I just love that he full on says we didn't make any
money, but he goes on to say that nobody can be, he basically says nobody can do crypto or meme
coins without pumping and dumping. You can't, it just, you have to do it. You have to do it. You have
to do this kind of shit. Well, because of all the other snipers, you have to be the good
sniper. There are people who are constantly... Flipping your shit. Yeah, and have programs that are
watching and ready for any kind of launch and able to buy it up before you can even get it to
the hands of it. My favorite part is how he says that all of this is just bullshit. And the entire
crypto space, all of these coins have no utility, no practical use. They offer no external
value. Coffeezilla goes on to describe how Coca-Cola is a great example of a company that,
of something that does provide utility to consumers, to shareholders in the form of shared
profits via dividends and whatnot, and that this is all just one big fucking nothing. Right. And Hayden
says, well, we have to do all of this dumb shit in order to get to the utility that will come
eventually. But until then, it's just a fucking, it's a free for all.
it's mayhem. It's every man for himself to just shill this shit and extract as much money from
an unwitting public as possible because, you know, if we're not going to, if we, if we don't
do it, someone else will. Unbelievable. Yeah. It's worth watching. He really gives the game away.
That moment where Coffeezilla describes it as all just extractive value, he didn't say, but that's
anything. And he, you know, he goes on to describe how companies do provide stuff.
And he's just kind of like, oh.
Yeah, I guess you're right.
Yeah, because you're right.
He tries to say that this is no different from the stock market.
There's no value in that either.
It's all fake.
It's like, I mean, sure, I can understand what you're saying.
But my favorite thing is when Coffee Zilla then asks him what he's going to do with the $100 million plus dollars that he is now the sole possessor of.
And he says, oh, maybe he's going to give it to a nonprofit.
Right.
He's got a few options.
He's maybe going to give it back.
as a refund, or he can inject it back into the coin itself.
Right.
And let the market figure out.
He wants to do the most fair thing.
The nonprofit thing, he was like, well, maybe that would, uh, maybe that would, like,
at least be in line with the spirit of the launch of Libra.
We give it to these Argentinian nonprofits and disperse it to Argentinian people somehow
through that.
I think everyone would agree that's not going to make, uh, investors in this happy or, like,
really accomplish anything.
Well, make me happy.
The other one was this refund, but it would obviously take a tremendous amount of work.
He would have to hire some kind of external auditing team to even begin to get to the bottom of who's owed what.
Yeah, 50,000 token holders.
It showed at one point.
Yeah.
And I'm one of them.
I was.
The last option is, you know, believing in Libra so much that you put it back in it.
Put it back in and get this thing just.
jump started. But the biggest thing I found interesting is that he said that he has leverage. He said
that this money is leverage that he's got. He says that, yeah, this is his leverage over Malay
so that they don't kill him or something. And I mean, if I'm, if I'm him, I would be, he's described
threats to his family, Hayden, has described threats to him and his family. I would definitely
be nervous if I were him. I mean, do we, do we have that clip? Can we play that clip of the guy
really freaking out about his Rolex and stuff? Here's some muscular crypto influencer guy.
Here's one guy who might be after him. I'm fucking, I'm broke. I'm broke. I'm gonna find you.
I'm gonna find you devs. I'm gonna find you. You run to me. I have nothing. I have to sell my
Rolex. I have to sell it. I have to sell all my shit. I don't have anything. I guess you
pieces of the shits. You rocked me. You all rocked me, bro. And I'm going to find you. I'm gonna find you.
I'm fucking, I'm broke. What is it? What is that? Like a hookah?
That's a hookah. I thought it was a ball. Just incredible. Let's go now.
You guys jacked. I would not want him coming to find me. Let's play a little bit of Hayden on Dave Portnoy's show because it's really, really great under whose money is it?
Okay, let's just play. Yeah, let's play. It's really great. It's poor kid.
do with money that's not mine it's not i'm not never claiming it's my money i'm not running off
with the money i don't want i have no desire to run off with the money whose money is it it's i mean
i mean it that's what i don't that i mean it's it's the i mean it's the i don't know i mean it's the
i don't know i mean it's it's definitely not my it's the it's argentinus i don't know what what
what what association you give with that i mean the point was like you know malay
team or who I thought was Malay's team.
I mean, again, you're talking about.
But like, even at one point when we were talking, we were going back and forth.
And we had a couple discussions about this during the course of like deciding to launch
where you're like, I think.
And again, this is how I looked at it.
And I actually said it to you.
I'm like, I wasn't trying to make money with my coin short term.
And I think you let it's like we, you were telling me like I wanted the thing audited.
I wanted all the money in public wallets.
I was going to tell people what wallets is.
I was going to tell people exactly what I said.
I'm going in and out and I want it all tracked.
So you've said to me, like, they kind of went back.
Like I thought it was going to be able to inject capital back in.
And then it didn't happen.
Well, yeah, two things happen if I'm super honest.
One is the, I mean, there is a third party journalist in the room just for my own,
safety because I thought something like this in a worst case scenario could happen that documented
the whole thing. So that'll be posted at some point, probably like later today or this week.
But I was instructed, hey, don't inject any back in until Malay's second video.
Which never came. So Malay's second video never comes.
All right. That's good. He goes on to just say that none of this is his fault that he
just executing and making decisions based on what KIP wants. He hoped that this would all become a
utility. And then he says, he pretty much says his reputation is destroyed and that he is the
victim of this situation and that his life is in danger. Now, my favorite part of his whole...
Everyone pray for Hayden. Yeah, we are all praying for Hayden. He flew too close to the
son. He got involved as a as a cryptopreneur advisor guy. He made some money on some coins
and it all just fell apart as who would have guessed. My favorite thing, though, was the bombshell
that he dropped on Coffee Zilla's interview, which was that there were people in the Trump coin
launch who were privy to it, which was, which was that there were.
we all speculated. We all figured there were people who knew and were able to buy in,
not just snipers with their programs and their coding and stuff, but actual people who were
told, here it is, here's the address, you're able to buy in. He said that there were people
who bought in on Trump Coin at a $500 million market cap. And keep in mind, this thing went
into the tens of billions in market cap. So these people made 10, 20, 30 times their money.
And I think that this guy, Crypto Nick, let's play that, let's play the Nick was in on it.
Because he, I mean, if we...
He's at the crypto ball in Washington, D.C.
He's the guy who looks like Homer Simpson.
Yeah, very unsettling face.
He looks, I don't know, he looks like not of the natural world.
I don't know.
He's got just, everything's big about him, ears, where his mustache should be.
Good God, man.
But we're happy for him.
He's very rich.
So this is him probably incriminating himself also.
8 billion and nobody here owns it.
Not a single person.
I don't think he doesn't even own Trump point.
Hey, he's a Republican, baby.
Oh, my God, man.
None of them own the token.
What?
What's the ticket?
What's the second?
Trump.
Who?
Trump.
Oh, hell yeah.
Is that 8 billion right now?
I mean, this guy, Nick, is probably up millions of dollars at this point.
It's got to feel so good.
He's on Cloud 9.
He can't believe it.
He's not going to go to prison, he thinks.
Anyway.
I got a feeling.
I don't know if all of these guys are going to prison, but we'll see.
Yeah.
So now let's cut to Dave Portnoy's Twitter Space's stream,
where he describes the whole thing pretty succinctly right here.
And I really appreciated his candor.
you had a wild story so the thing launches and hayden is like i'm going to you're in the ledger
you're in the marketing program that we built for this and he's like sends me uh was it
i think it was 60 six six million six million coins something like that maybe 6.5 i forget
what it was. And again, I wasn't overly surprised that I got the coins because he told me I
was in the plan. So he does that. And I'm getting ready to tweet. Like, hey, this, this is a
great launch. Malay is a great launch. Great launch. Um,
get ready to tweet it this that the other thing and i i send it to hayden and i'm like this is what
i'm going to say i'm proud to be part of this project i like what he's doing in argentina um
i bought a lot of my own but they also gave me coins and he's like you can't say that they gave
that that we gave you the coins i'm like what do you mean i i have to say that he's like well
no then it seems like you're an insider and this i think we got confused like i knew about it
before, whatever the case.
They're like, no, you can't say
that we gave you coins. I'm like, well, I can't
accept coins if you don't fucking
let me say you gave me coins and I'm
part of the project. So I literally
sent the coins back.
I have to say, I'm
shocked. I did not know that he was such a
he's, I mean, this is, it's, it's
just wanted everything to be. He's
an agent of chaos in all of this.
He's so open. He then
goes on, we don't have to show it, but
he shares his screenshots of his text with Hayden.
Hayden says in the screenshots,
please don't tell anybody that I sent you,
that I gave you a refund with my own money.
And Dave tweets it out just like,
here he is saying that he gave me.
He's asking me not to do it,
but I'm telling everybody.
And Hayden's probably just...
This poor kid, he's probably...
I asked him not to say anything.
I'm making you whole again.
Because as it turns out,
Hayden and Dave Portnoy have been talking about
Hayden's trying to get his business.
That's why he gave him back the money.
He's trying to win over his business
because Dave Portnoy's been talking about
launching his own coin for quite some time.
Hayden is just the guy to help him do it.
And so he's really trying to scratch his back,
giving him these free Libra tokens,
but then Dave doesn't understand
how to play the game.
He's got a little bit of integrity,
so I thought,
because Dave even can't help himself.
He goes on to incriminate himself.
Describing, this Kobesi letter
has this tweet of Dave Portnoy
saying, and for anybody who has been following Mr. Isis Picks, who I don't know who that is,
you know he had to sell. There are advantages to being one of my best friends staying in my house
when I'm trenching. That's what he calls, you know, being in the trenches trading.
Yeah, being in the trenches trading these shit coins. But I provided plenty of liquidity for
everybody to make money. And he's got this, he's replying to this tweet of himself saying
meet Elio, who's a friend of his who he's openly admitting that this friend of his helps him
to manipulate these coins and buy in when Dave is tweeting about them.
So it's all just a fucking mess of these guys just fully incriminating themselves.
And then the best part is Dave Portnoy, so after all this stuff happens,
President Malay tweets again about Libra token.
And Dave Portnoy goes, oh, damn, I got to buy into Libre token again.
And he plows $170,000 worth into the wrong.
Libra toad.
This is by far the funniest thing that happened by the favorite part.
Sunburnt fucking...
Get this man out of the sun.
Yeah.
This is great.
I mean, play it.
Quick update from the trenches.
Malay, this fucking league, this fucking league, Malay tweets how to buy Libra.
Like he's back in on this fucking Libra.
So I'm like, I'm back in on Libra.
problem dumping money in only problem i'm buying the wrong libra i'm now 200 deep into the wrong
fucking libra i guess i'm the the owner of long libra these trenches i'm crawling i'm crawling
i'm crawling i'm crawling i own a money of fake libra he bought lebra to the moon we can cut it he bought
uh he brought a coin that is associated with the astrological sign libra
Which is common.
If you've,
if you've ever tried to buy a meme coin,
there's so many different ones.
Yeah,
you try to buy,
I think we've probably shown it on the show,
you try to buy,
I love my suitcase coin
because you think Baron Trump's
video is going to be the latest meme coin.
There's,
you can't even tell which one to pick.
There's hundreds of them,
if not thousands.
I just,
throughout all of this,
I really love that he's this
ancillary character
who is just fucking up this poor Hayden kids.
Well,
I shouldn't call him poor,
but he's just...
He's trying to get Dave to play ball.
And Dave's just going, well, no, I'm going to be transparent about all this.
And Hayden's like, no, transparency is bad in my business.
It's sharing his text messages.
Like literally just, it's so fucking funny.
The screenshots of the texts of Hayden saying, don't tell anybody that I gave you this.
And Dave's just fully immediately putting it out there, going like, he told me not to tell you guys, but here it is.
So this begs the question.
Dave Portnoy got some free tokens, gave him back.
Who else got coins for free?
Which other KOLs got these tokens for free and didn't disclose?
Well, one of the LA Vape Cabal accidentally incriminated himself on a live stream.
He is on the phone with Faye's Banks.
The gamer turned the gamer fucking stand-up guy that we talked about earlier.
And midway through this call, the thread guy mutes.
he mutes the call, or he
mutes his microphone, covers his mouth,
obviously telling the guy, hey, I'm on stream
right now, don't fucking admit
to what he's about to admit to. Go ahead.
Lost money, too.
Fucking Pierfkin, Todd, both lost money.
I feel so bad. Tops down, like, fucking...
My manager's down, like 20 Gs.
Feels like everybody lost money on this.
I round trip, bro. I was up, like,
fucking 300k. I got in really, really early.
I was up, like, 300K.
And fucking luckily...
Mutes it.
Covers his mouth.
They talk for about 20 seconds.
Hey, bro, don't fucking, yo, don't incriminate yourself.
And the chatters, you can see the chat.
They're already starting to be like, yo, this is...
Oh, he was early. Yeah.
Suss.
Banks early, duh.
Opsack, bro.
I mean, it's really fucking funny.
All right.
Insider mode.
Rounding it off, we then had all the reactions.
So there's this...
I mean, Jesus Christ.
Some of these things sound so made up, but there's this defy. And I was DMing with this guy,
Motie. He's the founder of something called DeFi Tuna. Of course. Do you know DeFi Tuna?
Defi Tuna, I believe, is a fledgling exchange of sorts. They're out there trying to make it happen.
This guy exudes a lot of honesty, I think, because he was openly calling people out on Twitter.
He says that Kelsier invested 30 grand in them, and he promptly returned it after all this.
He says that they did work with Hayden on the Melania coin launch and then bailed when Hayden asked
them to sell 1% of the supply in sketchy ways that avoid on-chain tracking.
Because Defy Tuna was given 1% of the supply to provide liquidity.
And then Hayden was like, okay, guys, dump it all.
And they were like, whoa, that's not what we're supposed to do.
That's not how this works.
And he's like, no, dump it all.
And he was basically asking them to launder it via NFTs.
Like, put it all in NFTs, and then, and he was like, we're not going to do this with you.
This is fucking insane.
And then he goes on to call out the CEO of Meteora.
Meteora, as you guys probably remember, was the exchange, the as of yet unknown, very little
used exchange on which Trump coin was launched.
CEO of Meteora, he says, enabled all of this.
He says that it is an internal secret that there is a massive spider web of influencers who are
banking millions from the Meteora community enabled by the leadership team of Ben.
Not this one. Not this one, not me. He's saying that this happened across multiple projects
including AI, AI, whatever coin these are, mates, there was an Enron coin, Melania, Libra,
and over $200 million was effectively stolen. He's got screenshots that indicate that Hayden
shared mint addresses, meaning the addresses of these things before they launch.
with a network of influencers ahead of official launches allowing them to essentially print money
for themselves. So when I say that this is a huge, huge, huge story, I really can't emphasize that
enough. I mean, you've got this guy saying what everybody has suspected, and it's so wild
because history truly does repeat. This is just like what penny stock pump and dumps were
10, 15, 20 years ago.
It was, instead of these influencers, it was newsletters.
It was mailing lists under the auspices of like, this is research for a company.
But then in the fine print, it would be like, we've been gifted or not gifted, but
in exchange for our services, you know, so-and-so has been allotted our 500,000 shares
of this, which we may sell at any time.
And usually they would.
It's just, it's really wild to me to see that they're truly.
is nothing new under the sun. And this stuff just continues in just a new morphed way that the
underfunded, understaffed SEC is probably... Oh, the SEC is, I mean, with the new administration,
there's no way there's going to be any kind of regulation. I mean, crypto has... Crypto won the
election. It's open season. I mean, all you can do is just avoid the shit.
do not get, do not get mixed up in the latest meme coin.
It doesn't matter if, it doesn't matter if you've got a confirmation of a tweet going out
from a president.
Yeah.
I mean, it's, it's absolutely fucking bananas.
I really hope that something happens because not only are these guys openly incriminating
themselves, admitting to these felonies, but then you've got people like this
motie essentially corroborating it and saying it goes a lot deeper.
than just this Libra token launch.
It is an ongoing, reoccurring thing
wherein to help pump these things.
And Hayden said it, that this is how it works all the time.
You've got these...
If you've ever wondered, like I have,
how the fuck do these crypto influencers hit it every time?
How do they make all this money?
And I know in the back of my head,
it's because they have prior knowledge,
but then this guy's just outright saying it.
It's because they've got prior knowledge.
They are gifted these...
these addresses before anything happened.
Can we do one of my favorite Hayden stories?
This is from Stephen Anna Macal.
I don't know.
I'm obviously fucking that up.
But he gave a quick,
a funny story about the Libra orchestrator, Hayden Davis.
A long time ago, I met him to launch an NFT collection for Maha.
That's not Make America Healthy again.
That's something else from before.
Hayden invited me to fancy sushi restaurant in L.A. for dinner called Nobu,
which was pretty famous.
During the meet, we sat together to discuss the launch.
and Hayden ordered almost everything that was super expensive on the menu.
When the food came, I never saw a person eat so much sushi so quickly.
I wondered if it was humanly possible to consume that much sushi sushi, but there it happened
right there in front of me.
We spoke a bit, brainstormed a few things, made some promises, but nothing really valuable
came out of the meeting.
But it came time to pay the bill.
Hayden said he quickly had to go to the washroom and so he left.
The bill had just come.
I waited forever 20 minutes for Hayden to come back, and it was getting too late.
I looked around my seat and surprisingly saw him.
hiding far away near the washrooms,
peeking at our table.
Is this real? Do you think?
Yes, because there's a picture if you scroll down.
Was he waiting for me to foot the bill
after inviting me over to an expensive sushi restaurant
and eating all the food?
I don't know what it's like in America,
but if someone invites you as a guest,
they're supposed to pay the bill
or at least offer to split it with you.
I decided that it was getting late
so I'd pay the bill myself.
It was $2,000.
I was pretty broke then, not going to lie,
but whatever, I sucked it up and paid the bill.
As soon as I did, lo and behold,
Hayden came back from the washroom after 30 minutes.
He told me he was surprised that I paid the bill and that was that the next meal was on him.
Whatever, man.
If you scroll down, there's a picture of them hanging out at Nobu.
Oh, shit.
Oh, man.
Yeah, he looks huge.
He looks like a brick shit house for sure.
This guy's got schemes online and offline.
I'd be remiss if I didn't go back real quick to mention that when Dave Portnoy outed him, his whole thing in the text, I was just looking at the text.
his whole thing, because Hayden was like,
please don't tell anybody that this is my money
that I'm reimbursing you with.
Dave goes, well, can't everybody see that it's you?
Because it's like blockchain stuff
and he doesn't get that like, well, no,
it's just all a bunch of random numbers and letters.
It's just so fucking funny.
Hayden himself then put out a video,
again, claiming his innocence.
I don't know if we even want to watch this
because it's like four minutes long.
But there he is.
it's giving that guy who blew up that hedge fund remember and he's talking about about the sailboat
yeah the sailboat and cried i'm surprised that he doesn't cry in this i mean if i were him i'd be
absolutely he's fully fucking crashing out he's got to be having a panic attack every second over the next
several days he's fully should be going to prison for this it's also so much weirder though
that guy was like sitting at his desk at his office in a suit and it's just so
weird to see a broccoli-headed guy with the worst gold glasses you've ever seen. And that shirt,
like, he had to be like, what shirt should I wear for the, for the Libra video? Yeah. He's like,
how about this fucking freak shit? Perhaps the best part, because like I said, things are coming out
about this. If you scroll up, right, right, uh, it says, Hayden bragged about this in big, bold
letters, um, bragged about influence. Apparently, according to coindex.com,
Hayden was claiming that he paid Malay's sister
with cash or something
and he said, I control that N-word
in text messages that were leaked from mid-December
saying, I send money to his sister
and he signs whatever I say and does what I want.
I'm pretty sure. Didn't Malay in an interview say he got,
it was a paid promotion?
I did not see that part yet, but Malay did say,
So what's happening to Malay is now his opponents want him impeached. He was interviewed over the weekend and he said, I didn't promote it. I shared it. Which is apparently there's a difference, I guess. And Hayden actually backs this up. He says that Malay didn't really know anything. He's just kind of going along with this project because he believes in the AI stuff and the tokenization of things and was just kind of trusting these people to guide him.
Yeah. The Malay responses are so fresh. I'm not an expert. My specialty is economic growth with and without money.
As a guy who's a super technology enthusiast, seeing the possibility of a tool to finance entrepreneurs, entrepreneurs projects, I spread the word.
The most important lesson is that I can't keep being the same Javier Malay as always. Sadly, I have to put up more filters so that it's not as easy to reach me.
well folks to to round it all out um one of the internet's other major major bad guy dipshit fuck wads
adam 22 from the no jumper podcast dropped a coin himself oh he already deleted it oh you guys are
such pussies yeah what a fuck adam 22 which it's shocking he didn't already rug pull it's like
oh yeah when i saw this i was like he hasn't rug pulled people with a cryptoskey
Oh, yeah. He already rug pulled it. It went from a $500,000 market cap to a $4 million, so literally
nothing. They did not even wait. They just fully dumped everything and then he deleted all the
posts. They made their however much money. And the best part, though, is let's see, pull up
Coffeezilla's Twitter account because he DM'd Adam 22. Right. It's pretty brutal. He reached out
and he said, real talk, you shouldn't run a coin. It's lame and you're going to scale.
or get scammed and he says
how else am I going to afford all this galaxy
gas? I don't know exactly what the fuck that
means. You know what galaxy gas is
huffing
nitrous. Nitrous.
Oh my God. That means... Oh, everybody's doing
galaxy gas. Jesus
fucking Christ. A bunch of guys
who are just destroying their brains with fucking nitrous.
Yeah. This guy's in his 40s by the way.
Not only that, he
he screenshotsed some WhatsApp
messages, guys who were already
planning to snipe
his project. And he said, look, these guys want to snipe your coin. And he says, I don't care. I just got
paid to do the tweet. I got nothing to do with it. And he says, that's even worse. Scaming the fans.
And he goes, I'm going to venture a guess that approximately zero percent of my fans know how to do
anything with crypto. You know, he obviously calls him out on that. There it is. Because that's obviously
a lie. Why would you, why would these people reach out to Adam 22 if they thought that zero percent of his fans
were people who would get in on this.
And he basically just says, I just did it.
I mean, this is the absolute fucking worst.
No idea.
I just did it because money bag, yo.
The baby and Kodak are all doing it slash did it.
I don't know who's behind it.
Man, fuck you, Adam 22.
What a dumb piece of shit.
Because money bag, yo.
And he's got his, he's got his, he did that show about, like,
who wants to fuck my wife or something.
just really
scum of the earth
I would say
and I never use that phrase
but just a real
bad guy
a real piece of shit guy
and also just like
not intelligent
and just a real
dumb idiot too
you know just a real dumb
moron
huffing galaxy
keep going man
maybe you'll die
if he's abusing
nitrous
I'm sure he's very
stupid. It's a, that shit really fucking destroys your brain. I just hate his whole vibe. His whole
vibe is just really fucking gross. Um, money bag, yo. Yeah, I mean, I'm, I'm looking at Coffee
Zilla's, uh, um, account right now. And yeah, the, the Hayden Davis bragged like, like we just
said, he bragged about sending money to his sister. This guy is just, uh, also a really bad dude.
But so let's round it out with something that's perhaps,
Also bad.
There's someone in China.
I mean, this is very unverified and, you know.
Yeah.
So, like, would like to at least give the disclaimer that it's, this is just a fucking tweet online.
Basically, somebody burned $1.38 million worth of Ethereum.
You can, whatever you can do, I don't understand the function of it.
Someone burnt it, like, make, main, it's gone now.
But they did it because they knew it would stand out on the blockchain.
And you can put like a memo on there, apparently.
And someone did it in Chinese.
They said, the bosses of Kuwanda investment, Feng Xin and Shu Yu Shi,
used brain machine weapons to persecute all the company employees and former employees,
and they themselves are also controlled.
Brain computer chips have been militarized and deployed on a large scale,
and all military powers are using base stations, radios, and nanobrain computer chips
to control all citizens.
I mean, do with that what you will.
We'll see. We'll see. We'll see, folks. Let us know in the comments what you think.
Something Chinese. Something Chinese continues to happen.
Anyway, that's our show for this week. We really hope you've enjoyed it. And man, oh man.
Stay out of meme coins. Stay out of meme coins. I'm pretty sure Aiden Ross, I'm going to call him
a dean Ross. Rather than trying to flip meme coins, why don't you start
learning how to be a sniper.
Yeah, or instead of flipping meme coins, do it classic style.
Go flip burgers instead.
There's a lot more integrity in it for you.
And, yeah, we'll see you in the bonus.
Got some fun stuff in there.
And so long, folks.
Coming up on this week's episode of Ben and Emile Show.com.
By the way, I bought these chips.
You should make her on guacamole with those things.
No, I don't want to do that.
Sorry, I don't know why I did that.
But real fast,
the monkey thing. If a monkey were
to shoot a gun, first bullet fires,
that thing would freak out and drop it.
It'd be so alarmed by the...
Well, what if his monkey... Monkeys trained with guns?
Oh, you mean like, monkey see, monkey do?
Monkey see? Someone shoot gun? Many times
trained monkey shooter.
No, I'm crashing out. I'm crashing in.
I'm crashing my car. I'm crashing my car.
Into you. I'm crashing into you. I'm listening to a lot of Dave Matthews,
I'm not paying attention while I'm driving. I'm doing other things.
I'm crashing into you.
I'm crashing with you.
Pay attention.
You pay attention.
Yeah, because here I come, maybe.
And I'm not wearing a seatbelt either.
