Nansen: 86% of Investors Lose Big While Insiders Cash In on Milei-Backed LIBRA

TL;DR Nansen reports that 86% of investors in the Milei-backed LIBRA project have suffered significant losses, while insiders reportedly cashed in on the project. The losses faced by investors are attributed to insiders capitalizing on the initial hype, leading to widespread disillusionment and concerns about transparency and accountability. Critics argue that the project’s tokenomics allowed... source: https://crypto-economy.com/nansen-86-of-investors-lose-big-while-insiders-cash-in-on-milei-backed-libra/