The core figure of the LIBRA scam is Pump.fun, the second largest investor in the private equity round, who profited approximately $15 million from it BlockBeats News: On February 19th, BubbleMaps revealed that Hayden Davis, the core figure of the LIBRA token scam, was actually the second largest investor in Pump.fun's private equity round, investing a total of 50 million USDCs and selling them at a total price of $65 million on the first day of trading. Most people remember Pump.fun's $500 million public fundraising in July 2025, but few remember that they also had a private equity round with several undisclosed investors. After investing $50 million, Hayden Davis' active address received 12.5 billion tokens worth $73 million upon the launch of the PUMP token, with an expected return of $15 million. This address has been previously discovered, but its actual ownership has only been determined now. It is currently unknown whether Pump.fun is officially aware, but the address is clearly related to Hayden Davis' on chain and is interrelated in multiple ways.