Crypto analyst Dethective has uncovered evidence linking Hayden Davis, a project advisor for the YZY token launch, to previous insider activity linked to the LIBRA token launch. This claim sheds light on potential conflicts of interest and raises questions about transparency in blockchain governance. 💰 Davis allegedly earned $12 million from a ‘sniping’ tactic during the YZY launch. 🕵️♀️ Dethective has identified wallet activities connected to both tokens, highlighting similarities between YZY and LIBRA. The analysis suggests a high level of confidence regarding Davis’s involvement with the launches. 📈 This connection led Scooter (@imperooterxbt), a specialized tracker for Libra activity, to suggest that the timing of the YZY launch was likely not coincidental. ⌚ The impact was swift, with both YZY and LIBRA tokens experiencing a price spike followed by a sharp decline, impacting investors who experienced substantial losses. 📉 The initial supply of YZY tokens was heavily held by Davis, making for an uneven market launch and exacerbating investor concerns about fairness. 🔒 Legal documents filed after the launch included a waiver against class-action lawsuits, signaling potential dissatisfaction among investors, highlighting further skepticism within crypto communities about the project’s transparency. This situation has raised crucial questions about token issuance practices in the industry. 💡 Industry experts anticipate greater scrutiny on governance and wallet activities in future launches to ensure fairer market participation for all participants.