Solayer founder: The creator of LIBRA tokens has laundered more than $15 million, and has reported it to the police and will track it down
Chaofan Shou, the founder of Solayer, posted on social media, stating, "The market maker/creator of LIBRA token is directly linked to Arunkumar Sugadevan and another Indian serial rug pull scammer, questioning whether KelsierVenture outsourced the token issuance to an Indian company. Through chronological analysis of fund flows, we found that the creators of the LIBRA token are also insiders of the MELANIA and ENRON tokens, and developers of the OG.FUN project, having laundered over $15 million in funds. No matter where you are on Earth, I will get to the bottom of this. I hope Kraken and Binance will assist in freezing the related funds. The police have been notified, a rug is a rug, whether you decide to return the funds or not."
BlockBeats Note: Yesterday, Chaofan Shou, the founder of Solayer, posted on social media, stating that he and Solayer engineer @tonykebot lost over $2 million on LIBRA, and posted a list of core members of the KIP Protocol team behind LIBRA (visible on the official website), with the caption "Let's see what two hackers and a free weekend can bring us."
Today, KIP Protocol posted on X stating that the release and market making of the LIBRA token are entirely handled by KelsierVentures and the project initiator Hayden Davis.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin returns to $98K as Fed holds rates steady despite Trump’s demand

Polygon Targets $1 & Ethereum Eyes $3,600, Yet BlockDAG’s CertiK Audit and $0.0019 Coins Could Outperform All
Discover Polygon (POL) price movement and Ethereum (ETH) price analysis as both eye breakouts, and see why BlockDAG’s CertiK audit, growing presale, and attractive pricing position it among the best crypto for higher returns in 2025.Polygon (POL) Price Movement Signals Breakout Toward $1Ethereum (ETH) Price Analysis: Tight Range Could Spark $3,600 BreakoutBlockDAG’s CertiK Audit Strengthens Its Case as the Best Crypto for Higher ReturnsTo Sum It Up

$298M Crypto Liquidations Rock BTC and ETH Traders
Crypto liquidations hit $298M in 24 hours, with BTC and ETH leading losses. Here's what caused the wipeout.A Rough Day for Crypto TradersWhat Triggered the Liquidations?Caution Ahead for Leverage Users

Top New Meme Coins to Invest in This Month: Troller Cat Flaunts 7k% ROI as Official Trump and Mog Coin Rise from Slumber
Troller Cat ignites excitement with 69% APY and 7,000% ROI target. TRUMP and MOG bounce back, but is this cat the real jackpot?Troller Cat ($TCAT): Clawing Up the Ladder with Massive ROI PotentialOfficial Trump ($TRUMP): Slow Grind with Political BuzzMog Coin ($MOG): The Cult Favorite Gets a PulseConclusion

Trending news
MoreCrypto prices
More








