Hayden Davis, the alleged mastermind behind the controversial LIBRA and MELANIA token launches, has created a brand new cryptocurrency referred to as WOLF.
The brand new launch is regardless of being the topic of an Interpol discover, in accordance to blockchain analytics agency Bubblemaps.
In an in depth investigation carried out in collaboration with YouTube investigator Coffeezilla, Bubblemaps traced fund transfers revealing Davis because the creator of WOLF. This can be a token that seemed to be related to Jordan Belfort, a former stockbroker who impressed the Martin Scorsese movie “The Wolf of Wall Avenue.”
“In collaboration with Coffeezilla, we uncovered Hayden Davis because the thoughts behind LIBRA, MELANIA, and different tokens. We thought his days of launching tokens have been over. However we have been fallacious,” Bubblemaps said of their report.
Coffeezilla, whose actual identify is Stephen Findeisen, is a YouTuber recognized for his exposé movies on the crypto business.
Bubblemaps identifies Davis by way of on-chain evaluation
WOLF gained reputation after being promoted by a WallStreetBets social media account on March 8. The token rapidly reached a $40 million market capitalization earlier than experiencing a value collapse in what seems to be one other “rug pull” scheme.
Blockchain evaluation confirmed 82% of the token’s provide was managed in a single bundle, a attribute sample in fraudulent token launches.
Bubblemaps discovered that Davis was behind it by way of on-chain evaluation, tracing a number of transactions. “Beginning with the $WOLF creator 6MsuHd, we adopted funding transfers again throughout 17 addresses and 5 cross-chain transfers. All led to a single deal with: OxcEAe. The identical one owned by Hayden Davis,” the report detailed.
The investigation revealed that Davis had ready for the launch months upfront. “He funded these wallets months earlier than $LIBRA and $WOLF launched, shifting cash by way of 17 addresses and a couple of chains,” Bubblemaps defined.
Davis’s actions have been underneath worldwide authorized scrutiny following his involvement with the LIBRA meme coin. After Milei’s endorsement, LIBRA’s market capitalization briefly surged to over $4.5 billion earlier than collapsing by greater than 99% to roughly $18 million.
Blockchain analysts subsequently revealed that sure insiders, together with Davis, had bought giant quantities of the token shortly after Milei’s endorsement.
Argentine prosecutor Gregorio Dalbón has requested a choose difficulty an Interpol “Purple Discover” for Davis. The prosecutor cited issues that his monetary sources would possibly permit him to evade justice. The Purple Discover would successfully make Davis needed internationally.
For Coffeezilla’s hour-long interview with Davis, see beneath.
