Hayden Davis, the controversial figure behind the notorious LIBRA and MELANIA meme coins, has once again returned to the crypto scene. This time, Davis is reportedly tied to a new project called WOLF, a move that has raised eyebrows, especially given his ongoing legal troubles and an active Interpol notice against him.
The fresh allegations stem from a recent investigation conducted by blockchain analytics firm Bubblemaps in collaboration with well-known YouTube investigator Coffeezilla, whose real name is Stephen Findeisen. Their findings present a concerning narrative: Davis appears to be orchestrating another questionable token launch, one that follows a disturbingly familiar pattern seen in his previous ventures.
WOLF initially gained attention by leveraging the cultural allure of Jordan Belfort, famously known as “The Wolf of Wall Street.” The token’s rapid rise was amplified by promotion from a WallStreetBets social media account, pushing WOLF’s market cap to an impressive $40 million shortly after its launch on March 8. However, the momentum didn’t last long. WOLF’s value plummeted soon after, leaving many investors speculating whether they had fallen victim to yet another rug pull.
Bubblemaps’ detailed on-chain analysis further deepened these concerns. Their report revealed that a staggering 82% of WOLF’s total supply was concentrated in a single bundle—a red flag commonly associated with manipulative schemes. The investigation uncovered a network of 17 wallet addresses and five cross-chain transfers, all tracing back to a specific wallet labeled OxcEAe. According to Bubblemaps, this wallet has been conclusively linked to Davis.
“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,” the analytics firm stated in a post shared on X (formerly Twitter).
Coffeezilla, who has long been a prominent figure in exposing fraudulent activities within the crypto space, amplified the report’s findings to his substantial online following, adding weight to the allegations.
Davis’s name first became widely known during the meteoric rise of the LIBRA meme coin. The token shot to fame after Argentine political figure Javier Milei publicly endorsed it, propelling LIBRA’s market cap to an astonishing $4.5 billion. However, the euphoria was short-lived. LIBRA’s value collapsed by more than 99%, dropping to just $18 million after insiders—allegedly including Davis—offloaded large amounts of the coin at its peak. The fallout was so severe that Argentine prosecutor Gregorio Dalbón called for an Interpol Red Notice against Davis, citing concerns that his considerable wealth could enable him to evade justice.
Now, with the launch of WOLF, Davis appears undeterred by the legal clouds hanging over him. For many, his return feels like a brazen attempt to replay a well-worn strategy: hype a token, draw in unsuspecting investors, and exit before the crash.
As regulators and law enforcement agencies continue to monitor his activities, Davis’s actions stand as a stark reminder of the crypto industry’s most chaotic corners. Whether he will finally face legal consequences remains uncertain, but his name has become synonymous with some of the most controversial episodes in the world of digital assets.
By Alejandro Silva Ramírez, Crypto Analyst & Columnist