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@ crypto.news - by layer3.news
2025-02-20 21:02:50
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✍️ A sudden scandal surrounding the launch of the LIBRA token on the Solana blockchain has raised questions about the involvement of powerful figures in both politics and crypto.
👉 The LIBRA token was launched on the Solana blockchain and endorsed by Argentina's President Javier Milei
👉 The token's price skyrocketed to a multi-billion dollar market cap before collapsing, leaving retail investors with worthless tokens
👉 Kelsier Ventures, led by Hayden Davis, orchestrated the liquidity manipulation scheme
👉 Meteora and Jupiter, two prominent projects in the Solana ecosystem, played crucial roles in facilitating trades
👉 The scandal has raised concerns about the decentralized finance ecosystem and the potential for coordinated operations designed to enrich insiders at the public's expense
#JavierMilei #HaydenDavis #BenChow #Meow #Argentina #Solana #technology
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