Hayden Davis, the mastermind behind the LIBRA token scam, has been identified as the second-largest investor in Pump.fun's private sale, according to a BlockBeats report. Davis invested 50 million USDC and sold all his tokens on the first day of listing, netting a total of $65 million. This investment yielded him a profit of $15 million. Bubblemaps revealed that Davis's active address received 12.5 billion PUMP tokens upon launch, valued at $73 million. While Pump.fun's $500 million public fundraising in July 2025 is well-known, the private round had several undisclosed investors, including Davis. The on-chain connections between Davis and the address are evident, though it remains unclear if Pump.fun's team was aware of his involvement.