- Despite being wanted by Interpol, Hayden Davis launched WOLF, raising concerns due to similarities with his failed LIBRA project.
- Javier Milei’s ties to LIBRA and Hayden Davis face scrutiny, with allegations of misleading investors and possible political consequences.
Hayden Davis appears to be relentless even though Interpol is hunting him. He has lately resurfaced with a new token called WOLF after LIBRA fell and left thousands of investors with massive losses. Many people wonder if Davis’s bravery to start a new project among his fugitive status is merely a repeat of the past scandal.
1/ Hayden Davis launched a new token: $WOLF
Now on an Interpol notice, the creator of LIBRA and MELANIA tried his best to hide it 🧵 ↓ pic.twitter.com/Ok6ev3JH4r
— Bubblemaps (@bubblemaps) March 15, 2025
WOLF and HOOD: A Familiar Pattern Emerges
WOLF has a suspicious pattern. Many find parallels between this token and HOOD, a former project linked with Davis. The WOLF creator address leads straight to Davis’ wallet, thus the crypto community quickly made the connections. This fuels even more mistrust that this project is merely a continuation of the outdated approach that resulted in the crash of LIBRA.
Javier Milei and LIBRA: A Political and Financial Storm
One of the most often discussed tokens was LIBRA once. Supported by Argentine President Javier Milei, its market capitalization surged then fell by more than 95%. While insiders, including Davis, apparently made more than $107 million in profits, thousands of investors lost money.
It makes sense that Gregorio Dalbón, an Argentine attorney, has asked Interpol to issue a Red Notice for Davis, according to CNF.
What makes the case even more interesting, however, is the involvement of Javier Milei. Initially, he enthusiastically promoted LIBRA on social media. However, once the project collapsed, Milei withdrew his support, claiming that he too had been defrauded.
Unfortunately, this was not enough for opposition lawmakers who saw signs of a “rug pull” scheme—where an influential person deliberately inflates the value of an asset before selling it for personal gain.
LIBRA Controversy: A Threat to Milei’s Presidency?
Milei’s support of LIBRA backfired. Now demanding more investigation on his involvement in endorsing the token are opposition legislators. Some have even referred to this early proof of corruption that could compromise his presidency.
Declaring that the president gained no advantages from LIBRA, Milei’s government has sought to minimize the problem. Many, though, are dubious, particularly given Milei’s close relationship to Davis. Although Davis personally has a track record of failed businesses, he seems to be always spotting new prospects.
Will History Repeat? The Dilemma for Investors
Given all of Davis’s past, it’s difficult not to see WOLF as a cause of concern for investors. Many are already getting ready for the worst even though there is no clear indication the project would suffer the same fate as LIBRA.
The community of cryptocurrency finds itself at a junction. Will they avoid projects following a similar pattern and learn from past scandals? Alternatively, will they keep being enticed by the promise of large returns without thinking through the risks?
Credit: Source link
