Wallets Linked to Libra Controversy Withdraw $4M and Make Major Investment in Solana

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

SOL-3.936%

MELANIA-9.309999%

Source: Coinmarketcap

Updated: Nov 18 2025

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.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

Wallets Linked to Libra Controversy Withdraw $4M and Make Major Investment in Solana

About the author

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