PANews reported on February 18 that according to unconfirmed reports cited by Beincrypto, the LIBRA team has also negotiated with Nigerian officials to issue another unstable meme coin. So far, 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 Maker, claimed that he has received a large number of invitations to assist in more "rug pull" scams.

LIBRA, the controversial meme coin endorsed by Argentine President Javier Milei, has become the center of allegations of a massive scam. After the market value plummeted, President Milei denied any connection with LIBRA, facing investigation and impeachment threats. 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 US citizen, which may give the FBI and the Department of Justice jurisdiction to investigate the LIBRA incident. Previously, Davis casually admitted to multiple major financial crimes in a lengthy interview. He said that these crimes brought him new opportunities.

Community sleuths speculate that Davis was behind the meme coin MELANIA and related scams, and he confirmed these allegations in the interview. In other words, MELANIA may have given Davis influence over Nigerian officials before LIBRA. The report was unable to confirm whether the Nigerian president was involved in the plan. However, Davis said that "the project is already going well" and that several members of his team are actively involved. Nigeria's recent enthusiasm for the cryptocurrency space adds credibility to these claims.