Hayden Davis, the Creator behind the Controversial Libra (LIBRA) Token, Has Reportedly Introduced a New Meme Coin

Hayden Davis, the creator behind the controversial Libra (LIBRA) token, has reportedly introduced a new meme coin, exhibiting similar blockchain patterns

Hayden Davis, the creator behind the controversial Libra (LIBRA) token, has reportedly launched a new meme coin, displaying similar blockchain patterns that previously indicated possible insider trading before the new coin’s dramatic crash.

According to blockchain analytics platform Bubblemaps, the new Solana-based meme coin is called Wolf (WOLF). The token was reportedly created by Davis amid speculation that Jordan Belfort, the former stockbroker known as the Wolf of Wall Street, was planning to launch his own cryptocurrency.

As reported by The Shib Magazine, Bubblemaps revealed in an X thread that the co-creator of the Official Melania (MELANIA) meme coin launched WOLF on March 8, with the token surging to a peak market cap of $42 million.

However, 82% of the WOLF token supply was concentrated under a single entity, raising concerns of potential insider trading.

"The bubble map revealed something strange - $WOLF had the same pattern as $HOOD, a token launched by Hayden Davis. Was he behind this one too?" the analytics platform wrote.

According to Bubblemaps, transactions were identified across 17 different addresses, all tracing back to the "OxcEAe" wallet, which is linked to Davis.

Within two days, WOLF lost over 99% of its value.

"Why would Hayden do this? Maybe he thought no one would trace it back to him. He funded these wallets months before $LIBRA and $WOLF launched, moving money through 17 addresses and 2 chains," the analytics platform added.

This development of alleged insider trading comes as Argentine lawyer Gregorio Dalbon seeks Interpol’s help in locating and arresting Davis, requesting a Red Notice for the LIBRA creator.

The case against Davis is being pursued by Dalbon, who represents several alleged victims of the LIBRA token scam. His petition to the Interpol General Secretariat aims to hold Davis accountable for his alleged role in the cryptocurrency fraud.

The case against Davis