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.
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