Wallets Linked to Libra Controversy Withdraw $4M and Make Major Investment in Solana
Libra Token Controversy: Wallets linked to the controversial Libra token continue to withdraw funds from the failed memecoin, moving nearly $4 million into Solana (SOL) despite ongoing fraud investigations and asset freezes.
Significant Purchases: After the withdrawal, Libra-associated wallets purchased $61.5 million worth of SOL, indicating a strategic shift from the failed memecoin to other cryptocurrencies.
Legal Actions: Argentine lawyer Gregorio Dalbon has requested an Interpol Red Notice for Libra creator Hayden Davis, citing concerns over potential flight risks due to access to significant funds.
Market Movements: The ongoing liquidity drain from Libra wallets suggests a transition from insider memecoin launches to exploring altcoin opportunities amid current market corrections.
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