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?

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