Hayden Davis Embroiled in New Memecoin Fiasco Amidst Legal Heat from Argentina

The world’s foremost ‘memecoin facilitator’/puller-of-rugs, Hayden Davis, has allegedly done it again. This time the serial rug-puller is believed to have ‘facilitated’ the launch of a memecoin known as WOLF, which on March 8 briefly hit a market cap of US$43 million (AU$67.8m) according to DexScreener, before promptly plummeting by 99% to approximately US$500k (AU$789k).

Davis’ alleged ‘facilitation’ of WOLF comes as an Argentinian prosecutor reportedly wrote to Interpol last week. They requested the international police organisation issue a red notice for Davis’ arrest over his role in last month’s LIBRA memecoin fiasco that embroiled the Argentinian president Javier Milei.

Related: Exposed: Coffeezilla Uncovers Memecoin Mastermind’s Confession of Widespread Market Manipulation

Davis’ Links to WOLF Uncovered By Bubblemaps

The WOLF token is based on ‘Wolf of Wall Street’, Jordan Belfort, who was himself rumoured to have been planning to launch a WOLF-style memecoin despite previously going on record saying that memecoins have “no value” and their creators “should go to jail, seriously”. 

Before Belfort could launch his own token Davis apparently swooped in and launched WOLF, perhaps benefitting from confusion around who was behind the coin. Of course Davis didn’t simply clarify that confusion by coming right out and telling everyone he was behind WOLF (where’s the fun in that?). 

Instead, it was left to on-chain investigators to establish his alleged links with the project. The blockchain analytics platform Bubblemaps claims it was able to trace WOLF through a convoluted mess of 17 wallets across two different chains right back to its originating wallet. 

And what did they find? Shock horror! The originating wallet was the very same wallet which launched MELANIA and LIBRA, which is of course owned and controlled by Davis.

Argentina Requests Interpol Red Notice on Davis

The March 8 launch of WOLF came just a few days before Fortune reported on March 13 that an Argentinian prosecutor named Gregorio Dalbón had requested Interpol issue a red notice for Davis. An Interpol red notice is an international alert issued by Interpol to member countries requesting they locate and provisionally arrest an individual for extradition to the country seeking prosecution. According to Fortune, Dalbón wrote in his request:

I’m here to request the immediate detention of Hayden Mark Davis, a citizen of the United States, who is accused of being one of the principal actors behind the launch of the cryptocurrency $LIBRA.

Gregorio Dalbón, Argentinian prosecutor

Dalbón said Davis is at high risk of escaping arrest and prosecution because of his wealth:

The possibility that Davis will abandon his country of residence or hide to avoid answering for his alleged acts appears to be aggravated by the economic resources he possesses, which he can use to move or remain in hiding, hindering our investigation.

Gregorio Dalbón, Argentinian prosecutor

In Argentina, the LIBRA debacle has been a huge national political scandal due to the involvement of the nation’s president, Javier Milei. In the wake of LIBRA’s collapse there’ve been calls for Milei to be impeached and to face criminal prosecution. It has also sparked physical brawls in the nation’s parliament.

Related: Catastrophic $LIBRA Collapse Leads to Calls to Impeach Argentine President Milei

As to why Davis would have decided to ‘facilitate’ yet another memecoin rug-pull while he’s facing so much legal heat, Bubblemaps speculated on X / Twitter that perhaps he just didn’t expect to be caught this time:

Maybe he thought no one would trace it back to him. He funded these wallets months before $LIBRA and $WOLF launched, moving money through 17 addresses and 2 chains.

Bubblemaps on X / Twitter