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Bubblemaps: The LIBRA and MELANIA tokens are suspected to be operated by the same conspiracy group.
On February 17, PANews reported that Block data company Bubblemaps published an article on the X platform stating: 'The teams behind LIBRA, MELANIA, and other short-lived Tokens are actually the same group of people. After analyzing Cross-Chain Interaction transfers and timing patterns, we are highly confident that this speculation is correct. It all started with our investigation into sniper activities on MELANIA. One Address stood out: P5tb4, which made profits exceeding 2.4 million US dollars, but there were other things that caught our attention. This Address sent all profits to 0xcEA, a Wallet associated with the creator of MELANIA, and the transfers were completed through the USDC Cross-Chain Interaction Transfer Protocol (CCTP). There are multiple ways to link 0xcEA to the creator of MELANIA, including fund transfers and Cross-Chain Interaction transfers, and we are certain that these are not coincidental. This means that the creator of Melania - or someone close to them in their team - may have personally been involved in sniping their own project at the launch. A few weeks later, we noticed that 0xcEA was providing funding for the creator of LIBRA, DEfcyK, the one who cashed out 87 million LIBRA. What's worse, 0xcEA also targeted LIBRA and made a profit of 6 million US dollars, using multiple Sidechain Addresses funded through CCTP.'