LIBRA Relationship Chart: Issuer Engaged in Insider Trading of Multiple Meme Cryptocurrencies
According to a BlockBeats post, on February 16, Solayer developer Chaofan Shou published a relationship chart about the LIBRA token issuance event and stated that “based on on-chain data, the community is welcome to correct any errors.”
According to the relationship chart, a group of behind-the-scenes conspirators issued the LIBRA token through issuance advisor Hayden Mark Davis (Kelsier Ventures) and outsourced market making to an Indian firm. Kelsier Ventures and the market maker are also insiders in the former US First Lady’s token MELANIA, ENRON, BOB, RAG, M3M3, M3M3, and OGME. LIBRA’s main sponsor, KIP Protocol (founder Julian Peh), bridged the gap with people close to Argentine President Milei, which led to Milei tweeting and promoting the token.
