- Hayden Davis launched $WOLF despite an active Interpol Red Notice.
- $WOLF hit a $40M market cap before collapsing in a suspected rug pull.
Hayden Davis has introduced a new token, $WOLF, even as he faces an Interpol Red Notice for his involvement in past token scandals. Despite being wanted for fraud, Davis continues to launch new crypto projects under different identities.
The $WOLF token gained traction after the WallStreetBets (WSB) community hyped it. Its market cap surged to $40 million before crashing in what appears to be a rug pull. On-chain analysts found that 82% of the supply was held by a small number of wallets, signaling insider control.
Davis has a history of failed meme coins, including $LIBRA and $MELANIA. Both projects resulted in massive losses for investors. Argentine attorney Gregorio Dalbon previously requested an Interpol Red Notice for Davis following the $LIBRA collapse. The token lost $99 million in liquidity, with thousands of investors suffering financial losses.
Davis’s History of Rug Pulls
Bubblemaps and Coffeezilla linked Davis to $WOLF through on-chain analysis. They tracked 17 addresses and five cross-chain transfers, leading to a wallet identified as OxcEAe, which they confirmed belonged to Davis.
Davis’s past involvement in scams raises concerns about influencer-driven meme coins. Investors are urged to conduct thorough due diligence before engaging in such projects. Blockchain researchers warn that market manipulation and exit scams remain rampant in the crypto space.
Despite legal scrutiny, Davis remains active in the crypto industry. His previous ventures with Kelsier Ventures, a firm run by his father Tom Davis, have raised further concerns. The company has been involved in marketing meme coins and NFTs while relocating operations to Dubai.
Recently, speculation arose that Jordan Belfort, the “Wolf of Wall Street,” was launching a token called WOLF. However, on-chain data suggests that Davis is behind the token. The creator address links back to his past projects, confirming his involvement. The launch of $WOLF serves as a reminder of the risks in the crypto market.
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