Mystery Wallet Wipes Out $5M in Libra, Gets Refund in USDC

A new wallet emerged with 29,000 SOL, then spent 28,740 SOL at launch, incurring a massive $5M loss. Despite this, the wallet received $5M USDC, dumped Libra, and got more USDC. Rumors point to Dave Portnoy, who got Libra for promotion, bought too late, lost millions, and demanded a refund.

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Interesting scenario. It seems like someone took a significant risk and lost a substantial amount of funds. The refund in USDC is intriguing, especially given the rumors surrounding Dave Portnoy. This highlights the importance of due diligence and risk management in the crypto space.