Blockchain analytics firm Bubblemaps has uncovered evidence that Hayden Davis, the fugitive behind the LIBRA project and wanted by Interpol, may be the mastermind behind a newly launched cryptocurrency called WOLF.
The discovery comes amid speculation surrounding Jordan Belfort, the “Wolf of Wall Street,” who was rumored to be preparing a token under the same name.
An investigation conducted by Bubblemaps in collaboration with YouTuber Coffeezilla has drawn attention to striking similarities between WOLF and a previously issued token, HOOD, which had ties to Davis. Blockchain data suggests that addresses connected to Davis played a direct role in the creation of WOLF, raising concerns about its legitimacy.
On March 8, the WallStreetBets online community introduced a WOLF token that rapidly gained traction. However, further analysis revealed suspicious activity surrounding its launch. Investigators noted that the developer managed to acquire a significant amount of WOLF before it was made available to the public by using multiple wallets. The token’s market capitalization surged to $40 million before a sudden collapse, which has been described as a possible rug pull. Additionally, 82% of the token’s supply was controlled in a structured manner that suggested deliberate manipulation.
Bubblemaps traced the identity behind WOLF to an address labeled 6MsuHd, which was linked through a complex web of 17 intermediary wallets and five cross-chain transactions. All of these funds were ultimately funneled into a single destination known as OxcEAe, an address previously connected to Davis.
Further analysis indicates that Davis had been moving funds months in advance of the LIBRA and WOLF token launches, likely as an effort to obscure his involvement. The intricate fund transfers suggest he may have believed the complexity of these transactions would prevent detection.
A law enforcement officer in the UK has found himself in serious legal trouble, facing multiple charges after allegedly stealing a substantial amount of Bitcoin during a 2017 investigation.
An american has been sentenced to over seven years in prison for his involvement in a large-scale drug trafficking operation that relied on cryptocurrency for payments and money laundering.
A former Bank of America employee has admitted to playing a role in an international money laundering network that funneled millions of dollars through fraudulent bank accounts, according to the U.S. Department of Justice (DOJ).
An international arrest warrant has been requested for Hayden Davis, co-creator of the LIBRA token, which became the center of a major political scandal in Argentina.