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Bubblemaps: Convinced that Libra and Melania tokens are operated by the same team

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2025-02-17 02:39:41
According to blockchain data analytics firm Bubblemaps, by analyzing cross-chain transfer records and time patterns, it is confirmed that the recently disputed project Libra and the previous Melania token are operated by the same team.
On-chain data shows that address 0xcEA not only participated in the creation of Melania tokens, but also provided financial support for DEfcyK, the creator of Libra tokens. The address "preempted" Libra tokens through multiple associated wallets, and made $6 million in profit alone. The Libra project party has withdrawn $87 million of USDC and SOL from the liquidity pool.
Bubblemaps further disclosed that the team is also involved in multiple suspected "pump and smash" projects, including TRUST, KACY, VIBES and HOOD tokens. At present, the relevant investigation is still ongoing.
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