Hayden Davis, the figure behind the LIBRA token launch, lost over $3M trading across multiple tokens including $2.5M on $PUMP and $100K on $PENGUIN, with wallet activity as recent as February 11, 2026.

Declined 99% from all-time high, drawing commentary criticizing celebrity token launches.

Hayden Davies accused of rugging the project for over $100M.

A Libra team member started selling SOL to USDC.

Scammers associated with the Argentina rug pull purchase 456,401 SOL worth over $60M USDC after being dormant for 9 months.

A US judge refuses to restrict funds and a new trust site emerges.

476,000 SOL worth $64M moves out of Squad Vault Wallets in 30 minutes.

The project website goes offline with millions in project funds on the move.

Prosecutors pursue cross-border wallet tracking while Circle stays silent and Hayden Davis continues trading activity despite existing court-ordered asset freeze.

A congressional report finds that Argentina's President Milei provided 'essential collaboration' for the project.

Wallets related to the scandal move for the first time in nine months, with 61.59M USDC spent to purchase 456,393 SOL at $135.

The team withdraws 3.94M USDC from the liquidity pool and spends 17M USDC to purchase 127,774 SOL at $133 each.

Argentine federal judge Marcelo Giorgi issues asset freeze order targeting Hayden Davis, Orlando Mellino, and Favio Rodriguez, with prosecutors presenting evidence of a $507,500 Bitget transfer 42 minutes after Milei's Jan 30 selfie post and text messages allegedly showing Davis paid Milei's sister for influence. Authorities estimate total fraud at $100-120 million across hundreds of investors.

The Argentina legal case takes a turn with frozen funds and a payments probe now underway.

Detailed legal allegations claim the project raised funds through a Panamanian foundation for illegal lobbying activities in Argentina, with documentary evidence allegedly showing influence operations and SAFE plus token warrants, and documents reportedly deleted after becoming public.

Meteora cofounder steps down following the Libra situation.

Class action lawsuit alleges Meteora founder masterminded both Libra and Melania token schemes.

Judge unfreezes $57.6 million USDC in class-action lawsuit against Meteora founder Benjamin Chow, who is accused of coordinating the LIBRA pump-and-dump scheme with Kelsier Ventures and the Davis family across 15 tokens.

Interpol red notice requested against Hayden Davis in March 2025 following fraud allegations, with researchers reporting $99 million withdrawn from Libra-related wallets by February 20, 2025.

Bubblemaps reveals insiders are using one-sided liquidity pools to quietly unload tokens while regular traders experience price increases.

Argentina Congress summons Hoskinson to testify in memecoin scandal investigation following exposed bribery attempts at Argentina Tech Forum.

Blockchain analytics firm Bubblemaps confirms Hayden Davis extracted $12M profit from $YZY token launch through sniping activities.

Multiple blockchain analytics firms verify connected insider wallets extracted $23M across both launches.

Trading group Vape Cabal attempted to gain insider access to $YZY launch information, showing similar pattern to previous Libra and Melania token operations; launch timing correlates with Libra funds unfreeze.

Insider wallet 6MNWV8 profits $1.5M from $YZY launch through pre-knowledge of contract address, showing identical liquidity structure and timing correlation with recent $57.6M unfreeze.

Manhattan federal judge unfreezes $57.6M USDC; Hayden Davis and Ben Chow regain access after compliance.

US Court unfreezes 500M tokens previously held under Hayden Davis order

Previously undisclosed collaboration between Kelsier team and BONK token emerges, potentially expanding scope of ongoing investigation.

Argentinian court classifies token as collectible meme and dismisses case against President Milei, setting regional precedent.

Court filing reveals project is memecoin, not investment vehicle; frozen assets reach $280M with hearing scheduled for August 19.

Alleged orchestrator Hayden Davis arrested in Curaçao by Argentine authorities.

Multisig wallets linked to Kraken exchange received USDC and SOL proceeds from token trading, triggering potential legal investigation.

Argentina's anti-corruption office clears President Milei of wrongdoing in promotion scandal.

SDNY court expands asset freeze to include all Libra tokens and trading proceeds, totaling $110M.

Court hearing scheduled for June 9 to determine status of frozen USDC assets in class-action lawsuit.

White House and VP endorse crypto industry at Bitcoin2025, with David Sacks leading initiative for financial system reinvention; multiple legislators actively working on stablecoin legislation.

Updated USDC freeze amount reaches $57.65M, executed on-chain via Solana blockchain following court order.

Circle implements $50M USDC freeze in connection with Burwick legal case.

US court order by Burwick Law names Hayden Davis, Kelsier, Ben Chow, and Meteora as defendants in the USDC freeze case.

President Milei personally involved in signing the decree to dismantle the crypto investigation task force, with new details revealing the task force was only 3 months old and that the investigation involves both the President and his sister.

Argentine government dissolves crypto investigation task force while criminal probe continues with asset freezes.

Argentinian President's bank records unsealed in investigation related to failed token scandal.

Whale wallet tracking reveals 33,233% recovery from $3K to $1M after initial $4M investment.

Argentina-based LIBRA token confirms rug pull event, representing significant risk to investors.

Meta explores stablecoin integration with crypto companies, focusing on creator payouts.

Meta enters discussions to launch new stablecoins, marking return to crypto space after abandoning Diem in 2022.

Meta enters talks to deploy stablecoins, three years after regulatory shutdown of original project.

Confirmed rugpull event causes 56.3% decline in platform deployment rates, dropping from 72K to 31K daily token launches.

Class-action lawsuit alleging $69M losses connects to previous scandal involving identical parties.

Project insiders previously involved in rug pulls attempt to return to trading community.

Token structure and exchange listing practices indicate elevated investment risks.

Rug pull event confirmed with connection to Javier Milei.

Argentina's Congress advances investigation into scandal, with direct links to President Milei.

Argentine Congress launches investigation into President Milei's cryptocurrency promotion activities.

Argentine Congress launches special committee investigation into memecoin scandal with potential ties to President Milei.

Official congressional investigation launched into token scandal involving Argentina's President after $250M user losses.

Argentina Congress initiates investigation into officials' involvement with memecoin.

Congressional investigation underway after presidential endorsement leads to 90% token crash from $2B fully diluted valuation.

Argentine Congress launches official investigation into government officials over memecoin scandal.

Argentine House of Representatives establishes special investigation committee with 128-93 vote to probe memecoin encryption scandal involving President Milei.

Insider wallet retirement and rug pull allegations indicate elevated risk level.

Legal investigation launched into $286M loss affecting 75,000+ traders, with law firm actively collecting victim testimonies.

Law enforcement arrests Hayden Davis for involvement in $110M financial fraud.

Subject of lawsuit filed by Burwick Law against Kelsier, KIP, Meteora, and others over token launch, alleging fraud and retail investor harm.

Mentioned regarding lawsuit filed in Supreme Court of New York against Kelsier, KIP, Meteora over unfair token launch.

Kelsier Ventures-linked wallet moved $116K to Kraken exchange. Originally funded via Circle CCTP on Avalanche.

Described as a scam that extracted hundreds of millions of dollars, with current daily volume of $1,390 and resulted in an Interpol red notice for the founder.

Founder Hayden Davis faces Interpol red notice request. Token inflated to $4B before collapse. Davis reportedly secured $100M from launch. Multiple fraud charges filed in Argentine and US jurisdictions.

Trading data from Feb 16-18 shows 86% of traders lost $251m while winners secured $180m in profits. Dave Portnoy lost millions but received $5m refund. Two wallets made $5.4m profit in 43 minutes on Feb 14, with HyzGo2 gaining $5.1m.

Recent crash discussed with $1B debut characterized as rigged. Multiple mentions of market impact and community reaction to crash.

Token surged to $4.55 on February 14, before plummeting 95%. 86% of traders faced $251M loss. Some traders profited $180M from initial spike.

Lost $251 million with 86% of traders experiencing losses while insiders made $180 million.

Token associated with Argentinian president Javier Milei. Developer reportedly dumped on buyers for $117 million.

Token crashed 94%, endorsed by Argentine President Javier Milei. Co-creator Hayden Davis made $100M+ from the project. On Radium with 2% fee tier, reportedly would have made initial investment back in 30 mins in fees.

Major controversy involving Argentina's government. Reached $3B market cap with allegations of government officials' involvement. Project associated with Hayden Davis.

Token associated with Argentina president Milei. $107M cashed out in hours. Team sniped and dumped for millions.

Memecoin that collapsed causing $314M in realized losses. Co-creator Hayden Davis allegedly made payments to Argentine President Milei's sister. Token faced controversy over presidential promotion and potential corruption.

Token reached $4B fully diluted value before crash. 11 insider wallets made $43.8M in profits. Project connected to Argentina's president Javier Milei.

Token launched with ties to Argentine government. Faced scandal after insiders cashed out $107M. Led to resignation of Meteora co-founder Ben Chow. Caused market crash affecting broader crypto sentiment.

Token involved in scandal with Argentina's president Milei. Kelsier Ventures holds $100M that could refund 99% of buyers. Meteora founder Ben Chow resigned due to involvement. Argentine lawyers filed complaint with US DOJ and FBI.

Major collapse wiping out $4.4B. Associated with Melania token team. Promoted by Argentina's President Milei who claimed he "shared not promoted" it. Affected 5,000 investors according to Milei.

Major rug pull incident with $4.4B wipeout and $107M siphoned. Connected to Argentine president's deleted tweet. Involved figures include Hayden Davis and Meteora. Binance CEO CZ donated 150 BNB to support victims.

Major crash with approximately 75,000 users losing $286 million in transactions. Token dropped over 90% after initial spike to $4B market cap.

Creator admitted team "sniped" tokens. Creator also revealed to be behind MELANIA token.

Token involved in market manipulation scheme with alleged connections to Meteora and Jupiter teams. 200M tokens allocation questioned. Meteora co-founder Ben Chow resigned amid scandal.

Major controversy involving Argentina's President Milei. Main stock index drops -5.7% following alleged scam. Claims of $200M+ meme coin extraction scheme.

Controversial token launch connected to Argentina's president Milei, involved in scandal with Jupiter/Meteora teams. Generated $215M in profits for certain whale addresses.

Token associated with Argentina's President Milei controversy. Market cap rebounded to $760M before falling to $350M. Linked to insider trading allegations and fraud claims. Team identified as same as Melania token launch.

Solana-based memecoin associated with Argentina's President Milei. Multiple discussions around insider trading allegations and market manipulation. Hayden Davis (developer) admitted to "trying to max extract". Caused controversy and calls for Milei's impeachment.

Memecoin that hit $760M market cap from $130M low after $5M buys. Associated with Argentina's president Milei and dev Hayden Davis. Major controversy around pump and dump scheme.

Token heavily discussed after crash scandal. Caused $286M+ losses to 74,698 traders. President Milei promoted it 3 minutes after creation. Associated with alleged $200M+ market manipulation scheme.

Controversial memecoin associated with Argentine President Milei. $110M in refunds proposed for scam victims, involving 91k traders with average $1.2k refund. Kelsier Ventures behind project, also connected to Trump and Melania tokens. Major controversy erupted February 2024.

Suffered major crash/rug pull in Feb 2024, resulting in $314M in losses. Three wallets insider traded before Milei's retweet. Dave Portnoy lost $5M which was later repaid by Hayden.

Controversial Solana memecoin launch involving Argentina's president. Generated $286M in realized losses, reached $4B market cap. Pumped 95% and dumped 47% after Milei retweet. Team allegedly planning similar launches with Nigeria.

Token promoted by Argentina's President Milei suffered catastrophic dump, team used 3 wallets to extract $6.65M profit. Over $280M in total losses. Team compensated Portnoy with 5M USDC which he converted to 27,688 SOL and sent to Kraken.

Solana-based token involved in controversy with Argentina's President Milei. Pumped from $380M to $760M market cap in 20 minutes on Feb 18 after Milei retweet. Previous incident involved $100M liquidity event. Team member Hayden involved in refund controversy.

Major memecoin scandal relating to Argentina's president. Launch involved $100M+ sniped by insiders. Caused 5.7% drop in Argentina's stock market. Down significantly post-launch.

Memecoin scandal involving Argentine President Milei. Collapsed 94% in $107M insider rug pull. Led to 5.7% drop in Argentina's stock market. Team made approximately $110M while retail lost $4.4B in market cap. Dave Portnoy received 6.5M tokens and got $5M refund after losses.

Token collapsed with $286M+ in realized losses affecting 74K traders. 87 traders lost over $250K, 52 lost over $500K, 25 lost over $1M. Total market impact estimated at $500M including unrealized losses.

Token collapse resulted in $286M in realized losses affecting approximately 75,000 people. Dave Portnoy received $5M reimbursement. Connected to MELANIA token launch team.