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“Memecoin Libra Under Fire: Allegations Of Parallel Project In Nigeria Surface”
Kelsier Ventures’ recent memecoin project, Libra, has been marred by controversy as allegations of a parallel project in Nigeria have surfaced. The news comes as the digital asset’s price remains stagnant following two massive crashes.
According to sources close to the matter, Kelsier Ventures was working on a separate memecoin project with members of the Nigerian administration. While there is no evidence to suggest that Nigerian President Bola Tinubu was directly involved, discussions involving his team indicate that the project was well advanced.
The allegations raise questions about potential involvement from Kelsier Ventures in other high-profile memecoins, including those tied to political figures. The revelation has sparked concerns over the ethics and legitimacy of these projects.
In a related development, Davis’s connections extend beyond Libra; he has also collaborated on Melania Trump’s recent memecoin, MELANIA. Transactions linking the wallets of the MELANIA and Libra projects have been identified by Bubblemaps, fueling speculation about potential involvement in other memecoins tied to political figures.
The controversy surrounding Libra and Kelsier Ventures highlights the inherent risks associated with memecoins.
Source: bitcoinist.com
