Blockchain analytics firm Bubblemaps said it has identified a series of wallets that purchased substantial quantities of the newly launched YZY token and quickly realized about $12 million in gains, with the activity allegedly traceable to Hayden Davis, the promoter of the controversial LIBRA token project. According to Bubblemaps, the wallets were funded through centralized-exchange deposits, Circle’s CCTP transfers and other overlapping funding patterns that match addresses previously associated with Davis. The firm described the pattern as a coordinated “sniping” of the memecoin’s launch liquidity, conducted through multiple addresses to conceal concentration. The findings add to scrutiny surrounding Davis, who has faced regulatory and investor complaints over LIBRA’s marketing and token distribution. YZY is a celebrity-branded memecoin linked to musician Kanye West, and Bubblemaps’ report could prompt further questions about disclosure and fair access in high-profile token launches.