Solayer Developer: LIBRA Market Maker is an insider at MELANIA and is associated with the Indian Chain Reorg Scammer

BlockBeats News, February 16th, Solayer developer Chaofan Shou posted on social media, stating, "The liquidity provider/creator of the LIBRA token is directly linked to Arunkumar Sugadevan, another Indian rug pull scammer, raising doubts about whether KelsierVenture outsourced the token launch to an Indian company. By tracking the fund flow through temporal analysis, we found that the creator of the LIBRA token is also an insider of the MELANIA and ENRON tokens, as well as a developer for the OG.FUN project, and has laundered over $15 million. No matter where you are on Earth, I will get to the bottom of this. Hope Kraken and Binance will assist in freezing the related funds. Police report has been filed, a rug is a rug, whether you decide to return the funds or not."

BlockBeats Note: Yesterday, Solayer developer Chaofan Shou stated that he and Solayer engineer @tonykebot lost over $2 million on LIBRA, posted a picture of the 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 lazy weekend can bring us."

Today, KIP Protocol posted on X, stating that the release and liquidity provision of the LIBRA token are entirely handled by KelsierVentures and the project initiator Hayden Davis.