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The mastermind of the LIBRA Scam was Pump.fun's lead private sale investor, profiting approximately $15 million from it.
BlockBeats News, February 19th, Bubblemaps revealed that Hayden Davis, a key figure in the LIBRA token scam, was actually the second largest investor in the Pump.fun private sale round, investing a total of 50 million USDC and dumping it for a total price of 65 million US dollars on the listing day. Most people remember Pump.fun's $500 million public offering in July 2025, but few remember that they also had a private funding round with several undisclosed investors.
After investing $50 million, Hayden Davis's active address received 12.5 billion tokens worth $73 million and expected gains of $15 million on the PUMP token launch. This address had been identified before, but the actual owner was not confirmed until now. It is currently unknown whether the Pump.fun team is aware, but the address is clearly linked to Hayden Davis on-chain and in various intertwined ways.
In early 2025, Argentinian President Mile promoted the LIBRA token on his personal social account, after which 8 wallets associated with the LIBRA team cashed out $107 million, causing losses to 114,410 investor wallets, with Hayden Davis serving as an advisor to the LIBRA project.
In August last year, Hayden Davis also made $12 million by sniping the YZY token at listing. YZY surged to a $3 billion market cap at listing and then started a one-way downtrend. According to community leaks, Hayden Davis not only sniped the listing but also participated in the YZY token launch.
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