Onchain data links Hayden Davis, tied to LIBRA, to $12 million in early buys of Kanye West’s YZY token, raising fresh questions of insider advantage.
Posted August 26, 2025 at 9:54 am EST.
Infamous crypto personality Hayden Davis, known for his role in facilitating the LIBRA token, reportedly sniped $12 million worth of Kanye West’s memecoin YZY.
New onchain evidence from Bubblemaps shows a cluster of wallet addresses that were funded by centralized exchanges a day before the launch were linked to Davis.
Bubblemaps traced them to him through a combination of funding transactions, shared deposits and CCTP transfers, which refers to transfers of crypto assets between different wallets owned by the same entity.
This story is an excerpt from the Unchained Daily newsletter.
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A day before YZY’s launch, Davis and fellow LIBRA promoter Ben Chow regained access to $57 million worth of USDC after a judge unfroze the assets, ruling that there was insufficient proof of “irreparable harm” on their part against LIBRA victims.
“We can’t confirm if Hayden had insider info or a direct link to the YZY team, but these 14 snipers: Made $12M in profits, bought as early as 1:54 AM UTC, one minute after the announcement,” said Bubblemaps on X.
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