Melania and Libra Memecoin Insider Teams Suspected of Money Laundering

On-chain analysis reveals suspicious transactions involving wallets linked to MELANIA and LIBRA insider teams. These teams allegedly spent $2.76 million on POPE, incurring a significant loss of $2.73 million before funneling the funds to other wallets. This raises concerns about potential financial misconduct. 19,846 SOL was used to purchase POPE (a meme coin) by a MELANIA insider team. They sold it for $24,000, resulting in a loss of over $2 million. This transfer of funds then flowed to various wallets in an attempt to conceal the illicit activity. 2.76M was effectively funneled to other wallets through a