Recent analysis revealed that Hayden Davis, associated with the LIBRA project, may have earned a significant amount during the launch of the new cryptocurrency YZY using suspicious methods.
Suspicious Transactions
According to Bubblemaps, several addresses received funds from centralized exchanges the day before the launch of YZY. These addresses are allegedly linked to Hayden Davis through financing, CCTP transfers, and common deposit behavior.
Profit Extraction
Bubblemaps noted that 14 addresses managed to generate a profit of approximately $12 million, making purchases just one minute after the YZY announcement.
> "Our suspicion began with the timing of the YZY launch. Hayden Davis's $57 million fund was unfrozen, and YZY launched the next day."
Previous Incidents
The company stated that it could not confirm a direct relationship between Davis and the YZY team or his insider knowledge. However, the documented actions resemble previous operations he conducted on projects like MELANIA and LIBRA.
As a result of the analysis, doubts arise regarding the legality of Hayden Davis's operations. The data suggests possible manipulations that require further investigation.
