Famous Name Previously Linked to Major Fraud Schemes Revealed as One of the Largest Investors in an Altcoin

Cryptocurrency analysis platform Bubblemaps has shared noteworthy findings about Hayden Davis, one of the key figures in the LIBRA token scandal.

According to the reports, Davis was the second-largest investor in the secretive private funding round that took place before the highly publicized PumpFun (PUMP) IPO in July 2025.

According to Bubblemaps’ analysis based on onchain data, Hayden Davis participated in Pump.fun’s private funding round with a total of 50 million USDC. He was allocated 12.5 billion PUMP tokens after the token launch. It is reported that he generated approximately $65 million in revenue and made a profit of around $15 million by selling these tokens on launch day.

While most investors remember the PumpFun IPO in July 2025, which raised approximately $500 million, a private funding round conducted around the same time, whose investors were not publicly disclosed, is less well-known. Pump.fun had previously stated that this round was only open to institutional investors. However, how Hayden Davis fell into this category and how he passed the KYC process raised questions within the community.

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Bubblemaps also reported that the address identified as belonging to Davis had been discovered previously, but the true owner was only recently confirmed. The address is clearly linked to Hayden Davis through multiple on-chain connections. Whether Pump.fun management is aware of this is still unknown.

Hayden Davis’s name had previously come up in connection with the LIBRA token scandal. In early 2025, Argentine President Javier Milei supported the project by sharing the LIBRA token on his personal social media account.

Shortly afterward, it was reported that eight wallets linked to the LIBRA team had made sales totaling $107 million, resulting in losses for 114,410 investors. Hayden Davis is said to have served as an advisor on the LIBRA project.

Davis’s name also came up in another controversial incident. He is alleged to have made approximately $12 million by aggressively trading at the opening price of the YZY token, which launched last August.

The YZY token reached a market capitalization of $3 billion at launch, but subsequently experienced a sharp and one-way decline. According to leaked information from within the community, Davis not only intervened in the opening price but also played an active role in the token’s launch process.

*This is not investment advice.

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