Argentine Authorities Cannot Verify Julian Peh of KIP Protocol, Who Was Previously Promoted by President Milei in Relation to Libra Token.
Argentina's investigation into the Libra meme coin has reached a deadlock as authorities cannot verify the identity of Julian Peh, introduced as the CEO of KIP Protocol and one of the key figures behind the controversial token that President Javier Milei previously promoted on social media.
According to official records, Interpol Singapore responded to Argentina's assistance request with the conclusion that no records exist for an individual named Julian Peh in Singapore. Argentina's immigration agency also confirmed that no entry information was found related to the passport number provided by Peh.
KIP Protocol is described as a project building "critical infrastructure and pipeline for AI developers to deploy", however, the actual existence of the company and CEO Julian Peh is now being seriously questioned. Peh's personal page once introduced him as a "visionary entrepreneur and pioneering technology leader in the AI and Web3 revolution" with "relationships in the Latin American crypto asset space."
Doubts About Real Identity
Investigators suspect Peh may have used the Chinese name Bai Qihao to avoid being traced, creating a complex layer of identity concealment. Nevertheless, government records note that an individual named Julian Peh had an official meeting with President Milei on 10/19/2024 to discuss KIP's decentralized AI technology capabilities supporting Argentina.
The case becomes more complicated as Peh has been under investigation by the US Department of Justice since February regarding President Milei's role in Libra's launch. He, along with Hayden Adams of Kelsier Ventures, Mauricio Novelli, and Manuel Terrones Godoy, have all been included in the list of individuals to be clarified in this case.
The situation becomes more serious as Peh was mentioned in a Temporary Restraining Order that froze nearly 58 million USD USDC related to Libra in May. In the lawsuit filed by Omar Hurlock, represented by Burwick Law, Libra promoters are accused of "conducting fraudulent marketing activities and violating consumer protection regulations, causing investor damage."
