Hayden Davis, a fugitive wanted by Interpol for his alleged role in major cryptocurrency scams, has resurfaced with a new token launch.

Davis, the CEO of Kelsier Ventures, gained notoriety for his involvement in LIBRA, a Solana-based memecoin that collapsed, wiping out over $4 billion in market capitalization.

Kelsier Ventures CEO Hayden Davis Resurfaces with New Crypto Token

According to blockchain analytics firm Bubblemaps, Hayden Davis, previously implicated in the LIBRA and MELANIA scams, is behind the creation of WOLF, a token that recently saw a dramatic rise and fall in value.

The LIBRA token, initially associated with Argentine President Javier Milei, lost more than $100 million in liquidity, raising concerns of an orchestrated exit scam. Argentine lawyer Gregorio Dalbon has since urged Interpol to issue a Red Notice against Davis, citing his role in the LIBRA debacle.

Despite being on the run, Davis has not stepped away from the cryptocurrency space. Recent findings by Bubblemaps and investigative journalist Coffeezilla link him to the WOLF token, which emerged amid speculation that Jordan Belfort, the infamous “Wolf of Wall Street,” was launching a crypto project.

Blockchain Analysis Uncovers Insider Manipulation in WOLF Token

Bubblemaps’ analysis reveals that the creator of WOLF, identified by the wallet address 6MsuHd, used a sophisticated network of 17 addresses and multiple cross-chain transactions to obscure the movement of funds. Eventually, the funds were traced back to a wallet (0xcEAe) directly connected to Davis, confirming his involvement.

WOLF gained traction after being promoted within the WallStreetBets (WSB) community, pushing its market capitalization to $40 million before a sudden collapse. On-chain data indicates that 82% of the token’s supply was concentrated in a small number of wallets, strongly suggesting insider manipulation and a potential pump-and-dump scheme.

Despite the mounting evidence, Davis continues to defend himself. In an interview with Coffeezilla, he dismissed accusations of fraud, arguing that the failure of LIBRA was a business misstep rather than a deliberate scam.

Bubblemaps and Coffeezilla continue to monitor Davis’ activities, warning that he may attempt to launch additional tokens under different aliases. With investigations ongoing, authorities face the challenge of bringing Davis to justice while preventing further financial harm to investors in the volatile crypto market.