Investigation Reveals Alleged Wash Trading by Libra & Melania Teams

A recent investigation has revealed accusations of money laundering through wash trading against the teams behind Libra and Melania tokens. The allegations stem from a $2.73 million loss allegedly incurred through the purchase and subsequent sale of POPE, a meme coin. 19,846 SOL (approximately $2.76 million USD) was invested in POPE tokens by a wallet linked to these projects, which was subsequently sold for just $24,000 USD, resulting in a significant loss. The transfer of this loss across multiple wallets is believed to have masked the true purpose and nature of the transaction. 19,846 SOL (approximately $2.76 million USD) was invested in POPE tokens by a wallet linked to these projects, which was subsequently sold for just $24,000 USD, resulting in a significant loss. The transfer of this loss across multiple wallets is believed to have masked the true purpose and nature of the transaction. 19,846 SOL (approximately $2.76 million USD) was invested in POPE tokens by a wallet linked to these projects, which was subsequently sold for just $24,000 USD, resulting in a significant loss. The transfer of this loss across multiple wallets is believed to have masked the true purpose and nature of the transaction.