Hayden Davis, the mastermind behind the LIBRA scam, has been linked to another memecoin. | Credit: Simon Stacpoole/Offside/Offside via Getty Images.
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Key Takeaways
LIBRA perpetrator Hayden Davis has been linked to another memecoin scandal.
A new meme token, WOLF, promoted by popular influencers, surged before crashing—traced back to Davis.
Davis remains active in the crypto space despite an Interpol red notice against him.
Hayden Davis, the mastermind behind the LIBRA memecoin scandal, appears to be at it again.
Despite the possibility of an Interpol red notice looming over him, Davis has allegedly launched another memecoin, exploiting the hype surrounding a rumored token tied to Jordan Belfort—the infamous “Wolf of Wall Street.”
LIBRA Creator Resurfaces With Another Memecoin Scam
Last week, speculation swirled that Jordan Belfort was launching a memecoin called WOLF. Capitalizing on the frenzy, opportunistic developers flooded the market with WOLF tokens.
One version of WOLF quickly gained traction, surging to a $42 million market cap before plummeting 82%. A new Bubblemap investigation now links the token’s creation directly to Davis.
The investigation shows that the WOLF token’s creator wallet, identified as 6MsuHd, was linked to 17 other addresses across five blockchains. All transactions are funneled into a single destination: 0xcEA, which is the same wallet Davis used for his LIBRA and HOOD schemes.
Bubblemaps found that these wallets were funded well before the LIBRA and HOOD debacle, suggesting that Davis had been preparing for the rug pull long in advance.
Davis Keeps Scamming Despite Interpol Red Notice
Davis remains unfazed by international scrutiny. The LIBRA memecoin, which was promoted twice by Argentina’s president, reportedly netted insiders over $100 million in profits.
In a brazen move, Davis released a video downplaying the accusations while boasting about his network of insider trading and influence over world leaders.
Despite calls from an Argentine criminal lawyer for an Interpol Red Notice and an international arrest warrant, Davis continues his crypto exploits.
Prashant Jha is a seasoned crypto journalist based in Delhi, India, with a Bachelor’s Degree in Computer Science Engineering. Passionate about the evolving world of blockchain and cryptocurrencies, he has been a dedicated voice in the industry since 2018. Prashant’s expertise lies in regulatory reporting, where he unravels complex legal and financial developments with clarity and precision. Before joining CCN in 2024, he honed his craft at Cointelegraph, establishing himself as a trusted name in crypto journalism.
His coverage spans major industry events, including the high-profile collapses of FTX, Three Arrows Capital (3AC), and LUNA, offering readers insightful analyses of their regulatory and market implications. Prashant’s technical background enables him to bridge the gap between intricate blockchain technology and its real-world applications, making his work accessible to novices and experts.
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