Hayden Davis Launches New Cryptocurrency WOLF Amid Legal Scrutiny
Hayden Davis, the controversial figure behind the LIBRA and MELANIA tokens, has introduced a new cryptocurrency called WOLF.Despite being the subject of an Interpol notice,Davis continues to operate in the crypto space,according to blockchain analytics firm Bubblemaps.
In a joint investigation with YouTube investigator Coffeezilla, Bubblemaps traced fund transfers and exposed Davis as the creator of WOLF. This token is linked to Jordan Belfort, the inspiration behind “The Wolf of Wall Street.”
Bubblemaps stated, “We previously exposed Davis as the mastermind behind LIBRA and MELANIA.We thought his days of launching tokens where over. But we were wrong.”
Coffeezilla, whose real name is Stephen Findeisen, is known for his investigative videos on the crypto industry. He helped uncover Davis’s involvement in WOLF through on-chain analysis.
WOLF gained attention after being promoted by a WallStreetBets social media account on March 8. The token’s market cap quickly reached $40 million before crashing, suggesting a “rug pull” scheme.
Blockchain analysis revealed that 82% of WOLF’s supply was controlled by a single entity, a common trait in fraudulent launches. Bubblemaps traced transactions back to an address owned by Davis.
The investigation showed that Davis had been preparing for the launch months in advance. He moved funds through 17 addresses and two chains before the launch of LIBRA and WOLF.
Davis’s activities have faced international legal scrutiny.After Milei’s endorsement, LIBRA’s market cap surged to $4.5 billion before collapsing to $18 million. Blockchain analysts found that insiders, including Davis, sold large amounts of the token shortly after the endorsement.
Argentine prosecutor Gregorio Dalbón has requested an Interpol “Red Notice” for Davis, citing concerns about his ability to evade justice.
for more insights, check out Coffeezilla’s interview with Davis.
