The LIBRA team used three internal wallets to snipe its tokens and make a profit of $6.65 million

Odaily News According to Lookonchain, the LIBRA team used three internal wallets to target its tokens, making a profit of $6.65 million. A few hours before LIBRA was issued, a wallet bridged 1.6 million USDC from Avalanche to three Solana wallets, and sniped 3.77 million LIBRA through these wallets. Then, these LIBRA were quickly sold and exchanged for 8.25 million USDC, making a profit of $6.65 million.