Jupiter issued a response to LIBRA memecoin launch speculation by stating that team members in memecoin circles knew about the Argentina Coin concept yet Ben from Meteora simply received the contract address before the launch date for verification purposes.
By the time LIBRA was listed as “Verified” in Jupiter’s Trenches product, its market cap had already reached $1.5 billion.
Jupiter stated it takes seriously any insider trading allegations while performing a thorough internal investigation.
The examination confirmed team members had not purchased the token during the period before the market opened to public traders. The platform dedicated itself to upholding fair market rules and maintaining integrity in both DeFi and memecoin communities.
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