Argentina Unable to Locate Key Figure in Libra Memecoin Investigation

Authorities in Argentina are still searching for a key figure tied to the launch of Libra — the memecoin publicly promoted by President Javier Milei — after Interpol Singapore reported no record of his existence.

Good to know

• Interpol Singapore found no records matching “Julian Peh” in its databases.
• Peh is linked to KIP Protocol, an AI and Web3 infrastructure project.
• Nearly $58M in USDC was frozen in May as part of the Libra case.

Local media report that investigators have been unable to locate Julian Peh, identified as the CEO of KIP Protocol, a company described as building “mission-critical infrastructure and pipelines for AI developers to deploy.” Argentine migration authorities also found no record of Peh entering the country under the passport number provided.

Despite this, government records show that a person using the name Julian Peh met President Milei on October 19, 2024, to discuss how KIP’s decentralized AI technology could “support Argentina.” Peh is alleged to have also used the Chinese name Bai Qihao to avoid detection.

Links to the Libra Token

Peh, who attended the Tech Forum and has claimed ties within Latin America’s crypto sector, has been under scrutiny since February as part of a U.S. Department of Justice investigation into the Libra token launch. That probe is also examining the roles of Kelsier Ventures’ Hayden Adams, Mauricio Novelli, and Manuel Terrones Godoy.

In May, Peh was named in a Temporary Restraining Order that froze nearly $58 million in USDC. The complaint, filed by Omar Hurlock and represented by Burwick Law, alleges that Libra promoters engaged in deceptive marketing and violated consumer protection laws, causing harm to investors.

Authorities continue to probe how Libra was launched, who coordinated its promotion, and whether public figures knowingly participated in activities that breached financial or securities laws.