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LIBRA Controversy: Was The Token’s $1.16 Billion Surge Rigged? DWF Report Says Yes

Within an hour, a meme coin on the Solana blockchain, LIBRA, ballooned to a market value of $1.16 billion before quickly disintegrating. According to sources, early buyers of the LIBRA token profited millions of dollars while regular investors ended up scratching their heads with nothing.

Shortly after its launch, LIBRA reportedly saw an unprecedented rise in value. But the excitement quickly turned to misery. Approximately 75,000 traders lost their first deposits when the token fell more than 90% in value. The damage, analysts said, were more than $280 million.

LIBRA Controversy: Was The Token’s $1.16 Billion Surge Rigged? DWF Report Says Yes

Within an hour, a meme coin on the Solana blockchain, LIBRA, ballooned to a market value of $1.16 billion before quickly disintegrating. According to sources, early buyers of the LIBRA token profited millions of dollars while regular investors ended up scratching their heads with nothing.

Shortly after its launch, LIBRA reportedly saw an unprecedented rise in value. But the excitement quickly turned to misery. Approximately 75,000 traders lost their first deposits when the token fell more than 90% in value. The damage, analysts said, were more than $280 million.

https://bitcoinist.com/libra-controversy-was-the-tokens-1-15-billion-surge-rigged-dwf-report-says-yes/