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Within one hour, the Mimi currency on Solana Bluchin, the Libra, hit a market value of $ 1.16 billion before it quickly disintegrated. According to the sources, the first buyers of the scale symbol benefited millions of dollars, while ordinary investors ended their heads without anything.

The rise and fall of the scale

Shortly after its launch, Scale According to what was reported, he saw an unprecedented rise in value. But the excitement quickly turned into misery. It has approximately 75,000 traders of their first deposits when the distinctive symbol decreased by more than 90 %. Analysts said the damage was more than 280 million dollars.

Market monitors were confused about sudden transformation. Many wondered how this fast boom could end in a disaster so quickly. It didn’t take long before starting the allegations of internal activity.

Early birds made millions

Modern reports indicate that the specific individuals managed to reach the distinctive codes of LIBRA before the general launch. He claims, this Opinion Large quantities acquired at reduced prices and get rid of them later at the height of the market. Before collapsing, some enjoyed profits of up to $ 110 million.

Links from the inside

One of the names mentioned in the reports is Kelsier Ventures. The company is suspected of having bonds for pre -launch accumulation of scale symbols. If this is true, this raises serious concerns about transparency and fairness in the unique symbol launch operations.

By investigating the situation, DWF laboratories found that some of the portfolios associated with the behavior of those disposing of large quantities of distinctive budget symbols at the highest prices.

The total maximum Crypto market is currently at $ 2.7 trillion. table: Tradingvief

When DWF LABS looked at the case, they found that the money associated with the informed threw a lot of scale symbols just as prices reach their highest point.

The results indicate that people who bought before the launch have a great advantage, because early sales gave them the opportunity to form millions before the accident. These people were concerned that the height and fall of the symbol was not normal, but rather as a result of the moves planned by a small group of merchants.

General support and political ties

The scandal surrounding men did not remain limited to the encryption community. She quickly acquired attention in the political and financial sectors as a result of their affiliation with prominent personalities.

Argentine President Javier Millie has clearly supported the project. The situation has since raised concerns about possible political participation in the financial activities related to encryption.

The required strict safety networks

DWF laboratories stressed the need for more Strict guaranteesCalling to improve the protection of investors and transparency regulations related to the distinctive symbol distributions to prevent the first buyers from obtaining unfair advantages.

Their analysis has strengthened the argument that the most stringent regulations are essential to preventing the manipulation of the market in the future in a similar nature.

Distinctive image from Gemini Imagen, the tradingvief chart

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By BBC

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