Kelsier Ventures
Summary
Kelsier Ventures (also operated as Kelsier Labs LLC) is a Delaware-registered crypto venture capital and marketing firm controlled by the Davis family — Hayden Davis (CEO), Gideon Davis (COO), and Tom Davis (Chairman) — with Charles Thomas Davis also named in litigation. The firm is a co-defendant in two active federal class-action lawsuits in the U.S. District Court for the Southern District of New York alleging it served as the marketing and execution arm for a coordinated serial pump-and-dump scheme spanning at least 15 Solana-based memecoins, including MELANIA, LIBRA, M3M3, ENRON, and TRUST, resulting in alleged investor losses exceeding $69 million across the five focal tokens and an estimated $251–280 million in LIBRA alone. Hayden Davis publicly admitted to sniping both the MELANIA and LIBRA tokens, and blockchain analytics firm Bubblemaps documented on-chain evidence linking Davis-controlled wallets to more than $100 million in alleged liquidity extraction.
Connected Entities
18 entities · 4 linked investigations- Hayden Mark Davis→member of→Kelsier Ventures(95%)
- Gideon Davis→member of→Kelsier Ventures(95%)
- Tom Davis→member of→Kelsier Ventures(95%)
- Charles Thomas Davis→member of→Kelsier Ventures(90%)
- Benjamin Chow→member of→Kelsier Ventures(90%)
- Javier Milei→member of→Kelsier Ventures(95%)
- Karina Milei→member of→Kelsier Ventures(85%)
- Jonathan Clarke→member of→Kelsier Ventures(90%)
- Omar Hurlock→member of→Kelsier Ventures(90%)
- Jennifer L. Rochon→member of→Kelsier Ventures(90%)
- + 29 more
Timeline(20 events)
2021-01-01
Kelsier Ventures founded (approximate year); begins as an NFT and crypto marketing advisory firm based in the United States
$Libra cryptocurrency scandal — Wikipedia2023-01-01
Kelsier Ventures relocates operations to Dubai, UAE, and expands into token launch marketing and venture investment in crypto startups
The Saga of Hayden Davis — Crypto Pragmatist2024-12-04
M3M3 token launches on Meteora's platform on Solana; alleged insider wallets accumulate up to 95% of supply using 150+ wallets before public trading begins
Class-action targets Meteora and Kelsier execs over $69m M3M3 token crash — Crypto.news2024-12-06
M3M3 price crashes within days of launch; investors suffer alleged losses exceeding $69 million
Bloomberg Law — Meteora Conducted $69 Million Memecoin Scam2025-01-19
MELANIA memecoin launches; Kelsier Ventures and Meteora executives alleged to have held approximately one-third of total supply before public trading; token surges to $1.6 billion market cap before collapsing to approximately $86 million
Melania Trump, Javier Milei Used as Props for Meme Coin Fraud — Decrypt2025-02-14
Kelsier Ventures creates the LIBRA token on Solana at 6:58 PM Argentina time; Argentine President Javier Milei promotes it via social media at 7:01 PM; token surges to $5.20 and $4.6 billion market cap before crashing 85-95% within hours; nine founding wallets extract approximately $87 million
$Libra cryptocurrency scandal — Wikipedia2025-02-15
Milei deletes social media posts promoting LIBRA and withdraws endorsement; Hayden Davis gives media interview claiming $113 million in personal profits and characterizing events as a plan gone wrong
$Libra cryptocurrency scandal — Wikipedia2025-03-13
Argentine lawyer Gregorio Dalbón requests an Interpol Red Notice for Hayden Davis, citing flight risk; Argentine judge orders freezing of Davis's Argentine-jurisdiction financial assets
Lawyer Requests Interpol Red Notice For Libra Founder Hayden Davis — CoinDesk2025-03-17
Omar Hurlock files class-action complaint in New York State Supreme Court on behalf of LIBRA and M3M3 token purchasers
Hurlock v. Kelsier Ventures — CourtListener2025-04-08
Argentine Chamber of Deputies formally approves investigation into the LIBRA token scandal
$Libra cryptocurrency scandal — Wikipedia2025-04-19
Clarke v. Chow class-action complaint filed in SDNY (Case 1:25-cv-03268) naming Kelsier Labs LLC, Hayden Davis, Gideon Davis, Charles Thomas Davis, Benjamin Chow, and Meteora; alleges $69M+ investor losses from M3M3
Clarke et al v. Chow et al — SDNY complaint (CCH)2025-05-09
Hurlock v. Kelsier Ventures removed from state court to U.S. District Court, SDNY (Case 1:25-cv-03891-JLR)
Notice of Removal — CCH2025-05-28
SDNY court issues Temporary Restraining Order freezing approximately $57.65 million in USDC across two Solana-based wallets tied to Kelsier Ventures in Hurlock case
LIBRA Token Fallout: Court Blocks $57.65M in USDC Linked to Kelsier Ventures — CryptoPotato2025-07-11
Hayden Davis files motion to dismiss Hurlock complaint for lack of personal jurisdiction, arguing he has no New York contacts and the token was conceived in Argentina
Hayden Davis asks New York court to dismiss LIBRA scam class action lawsuit — Mitrade2025-07-30
Omar Hurlock and Anuj Mehta file amended class-action complaint in Hurlock v. Kelsier, expanding alleged scheme to at least 15 token launches
Investors Sue Kelsier Labs and Partners for Fraudulent Memecoin Launches — BlockTribune2025-08-19
Judge Jennifer L. Rochon (SDNY) vacates the TRO and denies preliminary injunction in Hurlock case, finding plaintiffs failed to demonstrate irreparable harm; merits of fraud claims remain pending
Federal Court Unfreezes $57M in Frozen Crypto Assets Held by LIBRA Token Promoters — Sbaiti and Company2025-10-23
Amended complaint in Hurlock introduces previously unpublished text messages from Hayden Davis and anonymous whistleblower information documenting alleged coordination between Kelsier and Meteora
Melania Trump memecoin team weaponized fame to disarm diligence — Fortune2025-10-31
Defendants file motion to dismiss in Hurlock v. Kelsier Ventures
Hurlock v. Kelsier Ventures — CourtListener docket2025-11-01
Argentine Chamber of Deputies investigative commission releases 200-page report concluding President Milei allegedly used the presidency to promote a scam; Argentine judge orders asset freezes for Hayden Davis and associates with estimated value of $100-120 million in virtual wallets
$Libra cryptocurrency scandal — Wikipedia2026-04-07
New York Times reports that call logs link Argentine President Milei to the LIBRA promotion scheme; CoinDesk covers the report
Argentine president Milei linked to Libra crypto probe through call logs — CoinDeskDecision Log
- hash: E7gC9er7Q2LVZ9qvp8D13ccaMX4JPNvvnSKvQHrrZ6Nv
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-code-investigator
generated: 5/25/2026, 6:14:30 PM
last updated: 5/25/2026, 7:52:48 PM
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