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The report identifies some of the employees involved in the launch of the collapsed LIBRA meme.
Solana Jupiter Exchange: LIBRA launch was an open secret in meme circles - Decrypt Jupiter said in a tweet that it has nothing to hide and takes allegations of insider trading very seriously.
An internal investigation found no evidence of espionage by employees in connection with the LIBRA launch, the company added. Some team members had known about the impending launch of Myl-related tokens for weeks, but i was not involved in trading the project at any point, the exchange said. #Jupiter revealed that Jupiter first learned about the launch through venture capital firm Kelsier Ventures. She said. The exchange added: No one working on the Jupiter product knew in advance of the launch date, time and central location. open secret the Jupiter team admitted that the upcoming launch of the Argentine coin has long been an open secret in #meme circles. and the company said its employees have not told anyone about it, online or offline, citing the exchange Jupiter also said that the exchange founder, under the pseudonym Meow Jupiter Jupiter emphasized that he did not know the specific details of the launch and only learned of it on the day of the launch; Meow will reportedly release a full statement on the matter; Decrypt has reached out to Jupiter for comment. Jupiter has faced criticism from #cryptocurrency players such as Benjamin Cowan, CEO and founder of ITC Crypto, who questioned the ethics of listing meme coins in the first place. Meme coins are not good for cryptocurrencies, no matter how anyone tries to present it, Cowan wrote on Twitter, pointing to concerns about market manipulation and the speculative nature of these tokens. According to Dexscreener, LIBRA is currently trading at $0.34 and has a market capitalization of $336 million, down from its peak of $4 billion on Friday before the big crash. The fall of LIBRA has sparked a political crisis in Argentina, and Mireille President now faces impeachment threats and allegations of fraud in approving the project.
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