The Saga of Hayden Davis

Exactly a month back, we covered the $LIBRA disaster.

For those who don’t know, $LIBRA was a controversial pump-and-dump memecoin that was promoted on social media by Argentina’s President Javier Milei himself. The eventual dump cost investors millions of dollars.

The key figure behind the LIBRA debacle is Hayden Davis. While the LIBRA stunt earned him an Interpol notice, Davis showed that he isn’t backing down any time soon. He is now back with a new memecoin - WOLF.

So, what’s the deal with Mr. Davis? Let’s look into his background and learn what the grifter has been up to.

The Rise of a Hustler

Hayden Davis’s entrepreneurial roots were modest, yet always opportunistic. Dropping out of Liberty University after just two semesters—despite attending on a soccer scholarship—he first turned to selling energy drinks for Limu, a multilevel marketing company involving his father, Tom Davis. To pay his bills, Davis even resorted to selling packs of Oreos, cultivating a hustler’s mentality that he later proudly displayed on his LinkedIn profile, under “skills.”

His father, Tom Davis, a man with his own complicated past—including felony convictions for forgery and burglary—was initially no cryptocurrency expert himself. Tom later founded Kelsier Ventures, transitioning from selling energy drinks and business coaching into crypto investments, drawn by the tax incentives and loose regulatory environment Dubai offered in 2023.

Despite Tom’s official role as founder, Hayden quickly became Kelsier’s public face, charming investors and partners with his smooth talk and strategic self-confidence. As one associate, Dubai-based crypto entrepreneur Steven Enamakel, described Hayden, "If he wants to sell you something, he'll convince you."

$LIBRA and The Presidential Rugpull

Hayden Davis launched $LIBRA and marketed it audaciously as a potential lifeline for Argentina’s faltering economy, $LIBRA gained legitimacy when publicly endorsed by none other than Argentine President Javier Milei, who promoted the token to his millions of followers on X. Milei described $LIBRA as a promising solution to the country’s chronic financial instability.

Spurred by this powerful endorsement, investors flooded in. The market cap of $LIBRA surged past an astonishing $1 billion within days, attracting over 10,000 investors globally. However, behind the scenes, Davis quietly executed a calculated exit, liquidating his holdings. Within 24 hours, the token crashed spectacularly, erasing approximately $99 million in liquidity almost overnight. Blockchain analytics firm Nansen later reported investor losses totaling at least $250 million.

Argentina’s political establishment erupted. President Javier Milei faced intense backlash for publicly endorsing the coin, including demands for impeachment and legal actions alleging fraud. 

In the aftermath, Davis admitted publicly to crypto investigator Stephen Findeisen—better known online as Coffeezilla—that he profited close to $100 million from the debacle, unapologetically comparing meme coins to gambling: "It’s an insider’s game," he said. "This is an unregulated casino."

In the immediate aftermath, a high-profile Argentine law firm filed formal complaints with both the FBI and the SEC, demanding a criminal investigation into Davis’s actions. Argentine prosecutors sought an Interpol Red Notice for Davis, elevating his status to an international fugitive.

$MELANIA Memecoin

Before $LIBRA, Hayden Davis was involved with the $MELANIA coin—a project connected to former US First Lady Melania Trump.

Crypto analytics firm Bubblemaps uncovered this connection through meticulous tracking of blockchain transactions, revealing multiple cross-chain transfers and carefully timed funding activities via Davis’s wallet.

Bubblemaps emphasized that these patterns were not isolated or accidental; rather, they demonstrated clear intentionality and coordination.

Return of the $WOLF: Another Pump & Dump

Davis’s latest memecoin is in reference to Jordan Belfort - the infamous “Wolf of Wall Street.” The $WOLF project was quickly hyped on social media, especially via the influential WallStreetBets account.

Investigative blockchain analytics firm Bubblemaps, working closely with Coffeezilla, meticulously traced the origins and funding of the new token. They noted that $WOLF’s bubblemap looked eerily similar to $HOOD - another Hayden Davis memecoin.

They documented an elaborate web of crypto wallets—17 different addresses and five cross-chain transfers—that routed all funds back to a single Ethereum address (OxcEAe). Critically, this address was already conclusively tied to Davis from prior investigations into $LIBRA.

This revelation provided concrete evidence that Davis was not merely associated with $WOLF but was actively orchestrating the scheme behind anonymous fronts, continuing his practice of deploying new meme tokens secretly, manipulating their initial liquidity, and rapidly selling out once retail investors flooded in.

The timing was also particularly suspicious. 

$WOLF launched just days before Argentine prosecutors formally requested an Interpol Red Notice against Davis, indicating a deliberate attempt to cash in quickly before law enforcement pressure intensified.

The Neverending Parade of Grifters

As much as it sucks saying this. Hayden Davis is just one of the many crypto grifters out there. We have had so many grifters in crypto that most of us have even forgotten about BitConnect!

Unfortunately, it comes with the territory, and that’s doubly true for memecoins. However, the harsh truth is that most everyday users will simply not have the knowledge or experience to understand which coins are scams and which ones are legit.

They will keep repeating the same mistakes and the scammers will keep making money.

This is why we are inviting you to the Coiners.

The Coiners include veteran traders who share their expertise, offering guidance and insights to help you identify the best possible trades.

Don’t be duped. Join us.