Feb 26, 02:50 PM

Insider Teams of $LIBRA and $MELANIA Allegedly Launder $2.73 Million Through POPE Memecoin, Buying 19,846 SOL for $2.76M

Reports indicate that the insider teams associated with the cryptocurrencies $LIBRA and $MELANIA are potentially involved in money laundering activities. According to findings by Lookonchain, the teams purchased 19,846 SOL, equivalent to $2.76 million, to acquire POPE, a meme coin with a market capitalization of less than $150,000. Subsequently, they sold the POPE for only 175 SOL, valued at $24,000, resulting in a loss of approximately $2.73 million. This transaction appears to have facilitated the movement of funds to other wallets under the guise of legality.

#Lookonchain

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