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Barstool Sports founder mistakenly bought $170,000 LIBRA namesake Meme coin, causing it to skyrocket 3000%

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2025-02-18 00:07:58
Dave Portnoy, the founder of Barstool Sports, appears to have mistakenly invested nearly $170,000 in a random LIBRA token - not the controversial token linked to Argentine President Millai.
Portnoy bought nearly $170,000 of illiquid LIBRA tokens, causing their price to skyrocket by more than 3,000%. The LIBRA tokens he bought had a different contract address than those associated with Milay in recent days.
If Portnoy sells his holdings of random LIBRA tokens at the current price, he will lose more than half of his investment. Portnoy's investment of about $170,000 in LIBRA tokens is now worth only about $62,000.
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