The team behind LIBRA and MELANIA is suspected of money laundering through cross-trading

Odaily News According to Lookonchain monitoring, the internal team of LIBRA and MELANIA is laundering money through "counter-trading". The team spent 19,846 SOL (about 2.76 million US dollars) to buy a meme coin (POPE) with a market value of less than 150,000 US dollars, and finally sold it for 175 SOL (about 24,000 US dollars), losing 2.73 million US dollars. The 2.73 million US dollars was effectively transferred to other wallets in a "legal" manner.