6 months ago
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In a shocking crook of events, influencer and Barstool Sports laminitis Dave Portnoy suffered a monolithic nonaccomplishment of $5.34 cardinal aft trading $LIBRA tokens. According to cryptocurrency expert Nick O’Neil (@chooserich), Portnoy was paid successful $LIBRA for influencer selling and had adjacent purchased further tokens successful anticipation of the market’s rise. However, his timing was off, and the tokens’ worth plummeted earlier helium could sell.
Portnoy’s wallet which reportedly received the $LIBRA tokens for promotional work, suffered erstwhile helium purchased much of the integer currency astatine a precocious price. To retrieve his losses, Portnoy reportedly reached retired to Hayden, the creator of the token, asking for compensation successful the signifier of a instrumentality of the $LIBRA helium had received.
O’Neil further revealed that Portnoy’s wallet received a reimbursement of $5 cardinal from an relationship associated with $MELANIA, a salient cryptocurrency wallet linked to Melania Trump.
O’Neil described the concern arsenic a “rigged game” aft discovering that aggregate insiders with connections to $LIBRA were reimbursed millions aft devastating trading losses. The net is besides brimming with allegations of LIBRA scam tokens and speculations are precocious down who made however overmuch wealth from the scam.
This incidental has sparked worries astir imaginable manipulation successful the cryptocurrency market, with increasing concerns astir insider trading and the existent worth of immoderate tokens. While Portnoy hasn’t spoken publically astir the concern yet, his immense nonaccomplishment lone emphasizes however risky and unpredictable integer assets tin be.
Also Read: Jupiter Exchange Denies Involvement successful LIBRA Token Crash
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