BlockBeats News, February 19 — Bubblemaps revealed that Hayden Davis, the key figure behind the LIBRA token scam, is actually the second-largest investor in Pump.fun’s private round, having invested a total of 50 million USDC and selling at a total price of $65 million on the first day of listing. Most people remember Pump.fun raising $500 million in a public offering in July 2025, but few recall that they also conducted a private round with several undisclosed investors.
Hayden Davis’s active address received 12.5 billion tokens worth $73 million and an estimated profit of $15 million after investing $50 million when the PUMP token launched. This address had been identified previously, but only now has its actual owner been confirmed. It is currently unknown whether Pump.fun’s official team was aware, but the address is clearly linked on-chain to Hayden Davis and connected through multiple methods.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
U.S. Democratic Congresswoman Calls on the Treasury Department to Investigate Potential Conflicts of Interest and National Security Risks Involving WLFI
Several Democratic members of the U.S. House of Representatives have written to Treasury Secretary Yellen, requesting an investigation into potential conflicts of interest and national security issues related to the Trump family’s cryptocurrency project, World Liberty Financial, especially concerning transactions involving the $500 million investment from the UAE royal family.
GateNewsBot54m ago
Hong Kong Securities and Futures Commission lists "HOMEO Trend" tokens on the suspicious investment products alert list
ChainCatcher reports that, according to the Hong Kong Economic Journal, the "HOMEO Trend" token has been added to the Hong Kong Securities and Futures Commission's list of suspicious investment products.
The token is operated and promoted by Excellence Homeopathy (Hong Kong), and it is suspected to be sold to the public through lectures held in Hong Kong, claiming to generate returns for investors. The Hong Kong Securities and Futures Commission emphasizes that this product has not been approved by regulatory authorities for sale to the Hong Kong public, and the relevant disclosure documents have not been reviewed by the SFC. The regulatory authority warns investors to exercise extreme caution, as investing in such unapproved products could lead to significant or total loss of funds.
GateNewsBot4h ago
Hacker returns 21 million USD worth of stolen Bitcoin to Korean authorities
South Korean prosecutors recovered approximately $21.4 million in stolen Bitcoin. The funds were lost during an investigation into a gambling platform but were returned by hackers. Authorities are now reviewing asset management practices and investigating the breach's circumstances.
TapChiBitcoin8h ago
Former Australian defense personnel pleads guilty to selling hacking tools, accepting payments in crypto
Peter Williams, an Australian citizen, pleaded guilty to stealing trade secrets in Washington after selling sensitive cyberattack tools linked to Russia. He received $1.26 million in cryptocurrency, which he spent on luxury items and real estate, resulting in damages exceeding 19,283,746,565,748,392,01 dollars for the affected companies. The prosecution is seeking a nine-year sentence and 19,283,746,565,748,392,01 dollars in restitution, emphasizing the role of cryptocurrency in espionage-related transactions.
TapChiBitcoin8h ago
WLFI Token Drops as Senators Demand UAE Investment Probe
The WLFI token dropped 8% amid U.S. Senators' concerns over the UAE's stake in World Liberty and potential national security risks. Despite scrutiny and calls for a CFIUS review, the company continues to grow, expanding into the forex market with a new platform.
CryptoFrontNews10h ago
A Chinese man involved in cryptocurrency scams and money laundering activities in the U.S. has been sentenced to 40 months in federal prison.
The U.S. Department of Justice announced that 31-year-old Chinese national Liao Fei was sentenced to 40 months in prison for involvement in cryptocurrency investment scams and money laundering. He is also required to pay back over $2.3 million and compensate victims with $2.8 million. He and his accomplices carried out the so-called "pig-butchering" scams through shell companies.
GateNewsBot11h ago
