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Investor Who Hit Million from TRUMP Also Made Profit from Controversial Meme Coin! - Coin Bulletin
An investor who claimed to have access to insider information before the launch of the LIBRA token made a purchase of 2.02 million dollars and quickly made a profit of 6.72 million dollars.
A new allegation has emerged regarding the LIBRA token scandal. It is alleged that an investor who previously made a profit of 1.3 million dollars through the TRUMP token, gained 6.72 million dollars by accessing insider information before the release of LIBRA.
Before the release of the LIBRA token, it was discovered that the investor created two new wallets and transferred funds to these wallets. When the token was released, through these two wallets, a total of 2.02 million dollars worth of 5.08 million LIBRA was purchased. However, it turned out that he sold the tokens in his possession for 8.74 million dollars shortly afterwards, making a profit of 6.72 million dollars.
It is stated that these transactions indicate that the investor is knowledgeable about price movements before the release of LIBRA. It is believed that this person, who previously made a similar profit with the TRUMP token, is one of the biggest winners of manipulation in LIBRA.
On-chain analysis platforms indicated that **such transactions lead to market unfairness and should be investigated for insider trading suspicions. As the collapse of the LIBRA token puts project managers and early investors' connections increasingly under scrutiny, this new development deepens the scandal further.