According to cryptocurrency onchain data, the co-founders of the previously released Libra and MELANIA memecoins have begun making new and interesting transactions.
It was recently revealed that the MELANIA memecoin, launched by Donald Trump's wife Melania Trump, has common developers with the allegedly fraudulent memecoin called Libra.
According to the latest data, these developers have started to launder their assets in both tokens. These wallets, which are among the earliest insider investors in both altcoins, bought $2.76 million worth of the memecoin called POPE, which has a total market value of $150,000. They then sold them for $24,000, losing $2.73 million.
But in reality, of course, they did not suffer any losses. The so-called “lost amount” of $2.73 million was thus transferred to so-called clean wallets and they became legal, thus they were laundered.
Argentine President Javier Milei had promoted the Libra token, and after it was revealed that the token was fraudulent, many negative developments occurred, including the crash of the country's stock market.
*This is not investment advice.
