Quick Highlights
- Hayden Davis reportedly made ~$12 million from YZY, which debuted on August 21 with support from Kanye West.
- Davis’s wallets acquired YZY within a minute of its announcement, according to Bubblemaps.
- He is also associated with LIBRA, MELANIA, and WOLF coins, all of which carry controversial backgrounds.
YZY Coin Linked to Kanye West Sparks Controversy as LIBRA Co-Founder Reportedly Nets $12M
LIBRA co-founder Hayden Davis is reported to have gained around $12 million from trading YZY, a memecoin linked to rapper Kanye West (Ye), according to analysis from blockchain analytics firm Bubblemaps.
Launched on August 21, 2025, the YZY token quickly became controversial due to its insider-heavy tokenomics and significant early profits accrued by unidentified wallets. Experts suggest that some of these wallets may be associated with Davis, who has a history of controversy in the crypto industry.
Who Is Hayden Davis and What’s His Crypto Track Record?
Davis is best known for his involvement in the LIBRA project, previously associated with Argentine President Javier Milei. The project attracted attention due to allegations of mismanagement and links to over 20 hacks involving crypto theft in August 2023.
Davis has also been linked to other celebrity-associated tokens, including MELANIA and WOLF.
In late August, a U.S. court lifted restrictions on 57.6 million USDC, allowing access to funds previously held by Davis and Meteora co-founder Ben Chow, who were both involved in promoting LIBRA.
Insider Activity? Bubblemaps Connects the Dots
Bubblemaps reports that numerous wallets received substantial funds from centralized crypto exchanges just a day prior to the YZY token launch. After tracing these transfers, analysts identified a cluster of wallets seemingly connected to Davis via over-the-counter trades, shared deposits, and token sales.
Though Bubblemaps cannot confirm Davis was an insider, they noted that his wallet began acquiring YZY tokens just one minute after the official launch, with an estimated profit of $12 million.
Some community members speculate Davis may be directly involved in the creation of the token. While Bubblemaps has not confirmed this, the investigation is ongoing.
