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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.
God, they even suck at money laundering https://t.co/Fphsbdx0Lk
WHAT SEEMED LIKE A FAT FINGER TURNED OUT TO BE A PLANNED MONEY LAUNDERING MOVE BY $LIBRA & $MELANIA INSIDER TEAM - The team spent 19,846 $SOL ($2.76M) to buy $POPE, a memecoin with a market cap of less than $150K. - They later sold for just 175 $SOL ($24K), taking a $2.73M… https://t.co/2WhdX8lBQU
🚨JUST IN: Lookonchain reports that the $LIBRA and $MELANIA insider teams may be laundering funds. They spent 19,846 SOL ($2.76M) to buy POPE, a meme coin with a market cap of less than $150K, and then sold it for just 175 SOL ($24K), effectively moving $2.73M to other wallets. https://t.co/IEbKjrqjbe
