A guy involved in two failed memecoins has launched another one, even though Interpol might be looking for him.
A Risky New Venture
Blockchain sleuths at Bubblemaps say Hayden Davis is behind a new cryptocurrency called WOLF, inspired by the movie The Wolf of Wall Street. Davis previously admitted to creating LIBRA, a memecoin briefly associated with Argentinian President Javier Milei, and MELANIA, a coin based on Melania Trump. Both of these coins crashed spectacularly, losing over 92% of their value almost immediately. After LIBRA’s collapse, President Milei distanced himself, saying he didn’t understand what he was getting into.
Interpol Wants a Word
According to Forbes, Argentinian prosecutor Gregorio Dalbón wants an Interpol warrant for Davis’ arrest for his role in the LIBRA debacle. Dalbón is concerned Davis might flee the country due to his resources.
The WOLF of Wall Street (and Crypto Crashes)
Despite the potential for international arrest, Bubblemaps found evidence linking Davis to WOLF. They traced money transfers from WOLF’s launch to a wallet previously involved in other alleged pump-and-dump schemes linked to Davis. Bubblemaps believes Davis may have thought he could get away with it.
Another Crash Landing?
At the time of writing, WOLF is trading at $0.00047, a nearly 99% drop from its high of $0.0429 on March 8th.
Disclaimer:
This information is for general knowledge only and is not financial advice. Investing in cryptocurrencies is risky. Do your own research before investing./p>
