The Coin Rise
2025-03-16 16:36:58

LIBRA Founder’s New WOLF Coin Crashes 99% Post Launch

Hayden Davis, alleged to have masterminded several pump-and-dump token scams, including LIBRA and MELANIA, has launched another coin. In an update , Bubblemaps, a blockchain analytics firm, highlighted how Davis tried to conceal the move from the authorities. Ties to Jordan Belfort and WallStreetBets Promotions Bubblemaps, working in collaboration with Coffeezilla, a renowned crypto scam investigator, identified Davis as the creator behind LIBRA and MELANIA . The duo noticed fund transfers in their investigation, which proved that Davis created WOLF. On the surface, the token has been associated with Jordan Belfort , a notable stockbroker who inspired the famous Hollywood film, “The Wolf of Wall Street.” Notably, there were rumors that Belfort would launch a token in the crypto market. Interestingly, while WOLF tokens flooded the market, one stood out. A WallStreetBets promoted WOLF token had its developer buy large amounts very early, using multiple wallets. The developer orchestrated a rug pull as soon as it reached a market capitalization of $40 million. That is, pulled liquidity, leaving investors holding worthless tokens. Bubblemaps Exposes Davis’ Hidden Role Blockchain analysis highlighted the obvious giveaway sign that it was a fraudulent token launch. A staggering 82% of the token supply was controlled in a single bundle. This implies that a few wallets had most of it, which is a typical scam move. According to Bubblemaps, on-chain data revealed that the WOLF token followed HOOD’s transaction pattern. The token HOOD has also been linked to Davis. Interestingly, a trace done on 17 wallet addresses and five cross-chain transfers associated the WOLF token’s creator, 6MsuHd, with a single address, 0xcEAe. Not surprisingly, this address belongs to Hayden Davis. Interpol Hunt Continues For LIBRA Founder Davis and his activities have been investigated after his involvement with LIBRA memecoin. The scale of the deception was so huge that Javier Milei, Argentina’s president, endorsed the token. This caused a remarkable but brief surge in LIBRA’s market capitalization to over $4.5 billion . However, not long after, LIBRA suffered a collapse, and its value plummeted to about $18 million. This represents an over 99% decline in value. Gregorio Dalbón, an Argentine prosecutor, recently requested the issuance of an Interpol “Red Notice” for Davis , which implies that Davis is an international fugitive. The post LIBRA Founder’s New WOLF Coin Crashes 99% Post Launch appeared first on TheCoinrise.com .

Holen Sie sich Crypto Newsletter
Lesen Sie den Haftungsausschluss : Alle hierin bereitgestellten Inhalte unserer Website, Hyperlinks, zugehörige Anwendungen, Foren, Blogs, Social-Media-Konten und andere Plattformen („Website“) dienen ausschließlich Ihrer allgemeinen Information und werden aus Quellen Dritter bezogen. Wir geben keinerlei Garantien in Bezug auf unseren Inhalt, einschließlich, aber nicht beschränkt auf Genauigkeit und Aktualität. Kein Teil der Inhalte, die wir zur Verfügung stellen, stellt Finanzberatung, Rechtsberatung oder eine andere Form der Beratung dar, die für Ihr spezifisches Vertrauen zu irgendeinem Zweck bestimmt ist. Die Verwendung oder das Vertrauen in unsere Inhalte erfolgt ausschließlich auf eigenes Risiko und Ermessen. Sie sollten Ihre eigenen Untersuchungen durchführen, unsere Inhalte prüfen, analysieren und überprüfen, bevor Sie sich darauf verlassen. Der Handel ist eine sehr riskante Aktivität, die zu erheblichen Verlusten führen kann. Konsultieren Sie daher Ihren Finanzberater, bevor Sie eine Entscheidung treffen. Kein Inhalt unserer Website ist als Aufforderung oder Angebot zu verstehen