Bubblemaps: Confident that LIBRA and MELANIA tokens are operated by the same team

2025-02-17 10:44:30

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ChainCatcher news, according to blockchain data analysis company Bubblemaps, has revealed that by analyzing cross-chain transfer records and timing patterns, it is confident that the recent controversial project Libra is operated by the same team behind the previous Melania token.

On-chain data shows that address 0xcEA not only participated in the creation of the Melania token but also provided funding support for Libra token creator DEfcyK. This address conducted "front-running" trades on the Libra token through multiple associated wallets, earning a profit of 6 million dollars from this alone. Meanwhile, the Libra project team has withdrawn 87 million dollars in USDC and SOL from the liquidity pool.

Bubblemaps further disclosed that this team is also linked to several suspected "pump and dump" projects, including tokens such as TRUST, KACY, VIBES, and HOOD. Currently, the related investigation is still ongoing.

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Bubblemaps LIBRA MELANIA

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