The Libra scandal has sparked a slew of accusations of responsibility for the massive losses investors have suffered. So far, the main culprit has been Hayden Mark Davis, a representative of Kelsier Ventures, who has admitted his role in the botched launch of Libra.
In an interview with investigative YouTuber Cofeezilla, Davis stated that Tech Forum Argentina founder Mauricio Novelli and Manuel Terrones Godoy were also part of the project.
However, this is not the full story, as the team at blockchain data analytics platform Bubblemaps found out that the address identified as P5tb4, which disrupted the Libra launch, sent all the proceeds from its activities to another address, 0xcEA, associated with the creator of MELANIA.
Additionally, Bubblemaps determined that this address funded the wallet of $LIBRA creator DEfcyK, who cashed out $87 million in crypto assets.
To make matters worse, 0xcEA also stole $LIBRA and made $6 million in profits using multiple additional addresses, Bubblemaps said.
The address may belong to Davis, who said he was part of the MELANIA memecoin launch team, but played a far from leading role.
