An investigation by
#Bubblemaps and
#CoffeeZilla has uncovered on-chain evidence linking two popular meme coins, LIBRA and MELANIA, both of which have caused investors to lose millions of dollars. The investigation found that the same group orchestrated these token issuances using closely linked wallets on multiple blockchains.
The story gained further attention when Argentinian President Javier Milei was accused of being involved in promoting
#libra but denied any involvement. Meanwhile, KIP Protocol claimed to have only met Milei once and had no involvement in the project. However, an interview with Hayden Mark Davis, who claims to be a token launch strategist, revealed that he was the mastermind behind both the LIBRA and MELANIA projects.