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Hayden Davis, a controversial figure in crypto, has launched the FRIES token, raising alarms due to patterns mirroring past scams like LIBRA and WOLF. Investigations reveal potential fraud and insider trading, with authorities freezing $100M in LIBRA-linked assets. The crypto community remains wary as history seems to repeat itself.
- FRIES token launch follows identical patterns to previous Hayden Davis-linked scams, LIBRA and WOLF, raising red flags.
- Argentine authorities froze $100M in LIBRA-related crypto amid fraud and market manipulation investigations involving political figures.
- Past projects linked to Davis, like LIBRA and POPE, resulted in 86% investor losses and $2.7M in laundered funds, per DOJ findings.
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