Argentine President Coin, Trump's Wife Coin, are they in cahoots?
Editor's Note: The investigation into the Argentinian coin LIBRA continues, and the cryptocurrency data visualization team Bubblemaps has published a tweet stating that the MELANIA team's insider address is linked to the LIBRA insider address in terms of funds, and has also exposed several other rug meme projects.
Related Reading: "After the Argentinian Coin was Rug Pulled for 100 Million, What Insiders Did the Community Uncover in Just 36 Hours”
The following is the original content:
Is LIBRA Operated by MELANIA and Other Short-lived Coin Teams? Latest on-chain evidence reveals that MELANIA and LIBRA may be from the same team.
There have been rumors before, but lacked solid evidence—until now, through the analysis of cross-chain fund flows and transaction timing patterns, we are highly confident that both are backed by the same group of people.
It all started with the sniper trading investigation into MELANIA, where one address stood out: P5tb4, which made profits exceeding 2.4 million USD.
But we also found more intriguing clues...
This address transferred all profits to 0xcEA, which is linked to the creator of MELANIA.
This transfer utilized the USDC Cross-Chain Transfer Protocol (CCTP).
The connection between 0xcEA and the creator of MELANIA is not limited to this transaction. Through fund flows and cross-chain transfers, we found multiple connecting paths, which are by no means coincidental.
This implies that the creator of MELANIA, or someone closely related to their team, engaged in a sniper trade during the project's launch.
We closely monitored the subsequent movements of this address.
Several weeks later, we discovered that 0xcEA was funding DEfcyK, who is none other than the founder of LIBRA, who cashed out 87 million USD.
What's even more outrageous is that 0xcEA also engaged in the $LIBRA sniper attack, profiting $6 million
They operated through multiple side chain addresses, and these addresses' funds all came from CCTP fund transfers.
This tactic is just like the MELANIA case.
But the story doesn't end there. We discovered multiple tokens related to 0xcEA that went online, most of which were typical pump and dump scams. Some notable projects include:
TRUST, KACY, VIBES, and even $HOOD.
What did today's investigation reveal? A pattern driven by greed.
The creators of MELANIA/LIBRA not only profited by issuing tokens but also engaged in sniper trading using insider information, earning over $100 million solely from the LIBRA project.
The final question is: Who are the orchestrators behind these tokens?
KIP Protocol? Kelsier Ventures? Or Hayden Davis?
You may also like
Mastercard Launches Agent Pay for AI, Plans to Record AI Agent Payment Authorizations on Polygon
Mastercard launched Agent Pay for AI, a new payment protocol designed to help AI agents make small payments such as pay-per-use access to data and APIs. The system plans to record human-granted AI agent permissions on Polygon, focusing on verifiable authorization, identity, and payment controls.
Curve Deploys Llamalend v2 on Optimism With 250,000 OP Incentives
Curve launched Llamalend v2 on Optimism with 250,000 OP incentives from the Optimism Foundation. The upgrade expands Llamalend beyond its earlier crvUSD-focused model, adding broader collateral support, LlamaRisk market reviews, and the ability to use Curve LP tokens as collateral.
Raydium Old Liquidity Pool Reportedly Exploited, With $1.34 Million Moved to Ethereum and Tornado Cash
An old Raydium liquidity pool was reportedly exploited for around $1.34 million in USDC, RAY, and wSOL, with the stolen funds bridged to Ethereum and deposited into Tornado Cash. The incident highlights the tail risks of legacy DeFi pools, old contracts, and cross-chain fund laundering paths.
Kalshi Executive Challenges “SBF Backed AI Unicorns” Narrative, Says Leopold Aschenbrenner Was Key Figure
Kalshi executive John Wang questioned the “SBF backed AI unicorns” narrative, saying Leopold Aschenbrenner was the key figure behind major AI investment decisions.
Pantera Capital Partner: How Tokenization is Restructuring the Private Equity and Early Investment Ecosystem?
New York Proposes Stricter Stablecoin Issuer Rules Aligned With Federal GENIUS Act
NYDFS proposed stricter stablecoin issuer rules aligned with the GENIUS Act, covering reserves, custody, redemption timelines, audits, and capital buffers.
Every exchange is a "Universal Exchange."
The counterattack of traditional finance: Alliance chains are quietly reviving
CryptoQuant Says Bitcoin Profitable Supply Is Near 45% Pressure Zone as On-Chain Data Points to Market Repricing
CryptoQuant said Bitcoin’s profitable supply is nearing the 45% pressure zone, signaling rising market stress, unrealized losses, and a possible on-chain repricing phase.
Bitcoin Falls Below 200-Week Moving Average as On-Chain Data Shows Over Half of Supply in Loss
Bitcoin dropped below its 200-week moving average as on-chain data showed over 50% of circulating supply is now in loss, signaling rising market stress.
CFTC Reportedly Plans New Prediction Market Rules Focused on Manipulation Risk and Public Interest Review
The CFTC is reportedly preparing new prediction market rules focused on manipulation risk, public interest review, and retail trader protections.
Meet the new WEEX trial fund—your gateway to greater profits
WEEX Labs Lands at Dutch Blockchain Week: A Disruptive Crypto × AI Conversation Sets Sail in Amsterdam
SK Hynix Reportedly Plans U.S. ADR Listing as Early as August, With SEC Approval Possible in Late June
SK Hynix may pursue a U.S. ADR listing as early as August, with SEC approval reportedly possible in late June amid strong AI chip supply chain demand.
SpaceX vs Tesla vs xAI: Which Elon Musk Trade Has the Biggest Upside in 2026?
OpenAI Reveals It Has Confidentially Submitted an S-1 to the SEC, Keeping the Door Open for a Future IPO
On June 9, according to an OpenAI announcement, the company recently confidentially submitted a draft S-1 registration statement to the U.S. Securities and Exchange Commission (SEC), beginning the preliminary compliance process for a potential initial public offering. OpenAI said it chose to disclose this proactively because it expected the news might leak; however, the company has not yet set a specific listing timeline, and related arrangements may still take some time.
Latest research from 13 top universities including Cornell University: The current state, challenges, and misconceptions of the fusion of Crypto and AI
Deconstructing Anthropic: The Best AI Company, Possibly Also a Type of Organizational Invention
Mastercard Launches Agent Pay for AI, Plans to Record AI Agent Payment Authorizations on Polygon
Mastercard launched Agent Pay for AI, a new payment protocol designed to help AI agents make small payments such as pay-per-use access to data and APIs. The system plans to record human-granted AI agent permissions on Polygon, focusing on verifiable authorization, identity, and payment controls.
Curve Deploys Llamalend v2 on Optimism With 250,000 OP Incentives
Curve launched Llamalend v2 on Optimism with 250,000 OP incentives from the Optimism Foundation. The upgrade expands Llamalend beyond its earlier crvUSD-focused model, adding broader collateral support, LlamaRisk market reviews, and the ability to use Curve LP tokens as collateral.
Raydium Old Liquidity Pool Reportedly Exploited, With $1.34 Million Moved to Ethereum and Tornado Cash
An old Raydium liquidity pool was reportedly exploited for around $1.34 million in USDC, RAY, and wSOL, with the stolen funds bridged to Ethereum and deposited into Tornado Cash. The incident highlights the tail risks of legacy DeFi pools, old contracts, and cross-chain fund laundering paths.
Kalshi Executive Challenges “SBF Backed AI Unicorns” Narrative, Says Leopold Aschenbrenner Was Key Figure
Kalshi executive John Wang questioned the “SBF backed AI unicorns” narrative, saying Leopold Aschenbrenner was the key figure behind major AI investment decisions.
Pantera Capital Partner: How Tokenization is Restructuring the Private Equity and Early Investment Ecosystem?
New York Proposes Stricter Stablecoin Issuer Rules Aligned With Federal GENIUS Act
NYDFS proposed stricter stablecoin issuer rules aligned with the GENIUS Act, covering reserves, custody, redemption timelines, audits, and capital buffers.
Popular coins
Latest Crypto News
