Aniket Pujari
Hayden Davis, the alleged mastermind behind the controversial LIBRA and MELANIA token launches, has created a new cryptocurrency called WOLF.
The new launch is despite being the subject of an Interpol notice, according to blockchain analytics firm Bubblemaps.
In a detailed investigation conducted in collaboration with YouTube investigator Coffeezilla, Bubblemaps traced fund transfers revealing Davis as the creator of WOLF. This is a token that appeared to be associated with Jordan Belfort, a former stockbroker who inspired the Martin Scorsese film “The Wolf of Wall Street.”
“In collaboration with Coffeezilla, we exposed Hayden Davis as the mind behind LIBRA, MELANIA, and other tokens. We thought his days of launching tokens were over. But we were wrong,” Bubblemaps stated in their report.
Coffeezilla, whose real name is Stephen Findeisen, is a YouTuber known for his exposé videos on the crypto industry.
Bubblemaps identifies Davis through on-chain analysis
WOLF gained popularity after being promoted by a WallStreetBets social media account on March 8. The token quickly reached a $40 million market capitalization before experiencing a price collapse in what appears to be another “rug pull” scheme.
Blockchain analysis showed 82% of the token’s supply was controlled in a single bundle, a characteristic pattern in fraudulent token launches.
Bubblemaps found out that Davis was behind it through on-chain analysis, tracing several transactions. “Starting with the $WOLF creator 6MsuHd, we followed funding transfers back across 17 addresses and 5 cross-chain transfers. All led to a single address: OxcEAe. The same one owned by Hayden Davis,” the report detailed.
The investigation revealed that Davis had prepared for the launch months in advance. “He funded these wallets months before $LIBRA and $WOLF launched, moving money through 17 addresses and 2 chains,” Bubblemaps explained.
Davis’s activities have been under international legal scrutiny following his involvement with the LIBRA meme coin. After Milei’s endorsement, LIBRA’s market capitalization briefly surged to over $4.5 billion before collapsing by more than 99% to approximately $18 million.
Blockchain analysts subsequently revealed that certain insiders, including Davis, had sold large amounts of the token shortly after Milei’s endorsement.
Argentine prosecutor Gregorio Dalbón has requested a judge issue an Interpol “Red Notice” for Davis. The prosecutor cited concerns that his financial resources might allow him to evade justice. The Red Notice would effectively make Davis wanted internationally.
For Coffeezilla’s hour-long interview with Davis, see below.
