- Dev Hayden Davis launched the new $WOLF meme coin while under an Interpol notice
- Bubblemaps and Coffeezilla investigators trace complex blockchain trail back to Davis.
- Reports stated a similar pattern of token distribution between $WOLF and $HOOD.
Crypto developer Hayden Davis has launched a new token called $WOLF. This launch comes amidst an Interpol notice, according to analytics firm Bubblemaps. The investigation revealed that Davis, previously exposed as the creator behind the collapsed Libra and Melania tokens, attempted to hide his involvement through a complex network of wallets and cross-chain transfers.
The Bubblemaps team detailed their findings in a thread on X. They explained how they collaborated with popular crypto investigator Coffeezilla to track the new token back to Davis. “In collaboration with Coffeezilla, 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,” Bubblemaps stated.
The investigation began after rumors circulated that Jordan Belfort, known as the Wolf of Wall Street, was launching his own cryptocurrency. This led to multiple $WOLF-themed tokens appearing on the market. One particular token gained popularity after being promoted by the wallstreetbets community on March 8. It also quickly reached a $40 million market capitalization before collapsing.
Bubblemaps noticed suspicious patterns in the token’s distribution, with 82% of its supply bundled in a manner similar to previous tokens linked to Davis. “The bubble map revealed something strange—$WOLF had the same pattern as $HOOD, a token launched by Hayden Davis. Was he behind this one too?” Bubblemaps questioned.
Through blockchain forensics, the team traced funding for the $WOLF token across 17 different addresses and five cross-chain transfers. They finally connected it to a single address: OxcEAe, which they identified as belonging to Hayden Davis.
Related: SEC Rules Meme Coins Are Not Securities Under Federal Law
This latest token launch occurred just weeks after the collapse of Davis’ Libra token, which saw eight insider wallets extract approximately $107 million in liquidity. The Libra incident had far-reaching consequences, becoming a political issue in Argentina after President Javier Milei promoted the token.
The ongoing controversy has led Argentine lawyer Gregorio Dalbon to request an Interpol Red Notice for Davis. He cited concerns that he could escape justice due to the funds accumulated from previous token launches. According to Dalbon, there is a “procedural risk” that Davis could either flee the United States or go into hiding if left free.
