The founder of Solana -based pump.fun urged to apply New Guardrails to Token Launchpad in the continuous fall of the Libra Memecoin launch.
On February 18 in X, Alon, the founder of Pseudomous pump.fun, said, “I felt disgusted” by the incident surrounding the launch of the Insider Scam. Sophistication
source: A1Lon
Libra, which began on February 15, was shared by President Milei as an official token of the Argentine state.
However, some wallets quickly moved more than $ 115 million in a single liquidity pool, and Milei deleted the tweets that approved the tokens and led to a $ 4.4 billion market cap in six hours.
source: KOBEISSI letter
However, Alon insisted that it was made into a mechanism to protect the internal rich control token launch by defending his platform.
He then provided the Token launch platform to provide Guardrails and asked, “Make it as safe as possible while meeting the demand.”
relevant: Milei-endorsed libra token was an ‘open secret’ at Memecoin Circles.
Alon teaches the user about how to make coins safely and ethically, making onboards “friendly” for new traders, and reducing the visibility of tokens that indicate suspicious transaction patterns or ownership structures. He said he should make it safer.
Meteora co -founder withdrew
Meanwhile, Ben Chow, co -founder of Meteora, is known to have resigned from Meteora on February 18, the co -founder of Meteora and February 18 of Jupiter Founder Meow.
MEOW said that resignation has not explained in more detail for the last few months and is related to Chow’s “lack of judgment and management” on the specific core aspects of the project.
source: meow
Some commentators have been prosecuted on the Meteora team for conspiring with Kelsier Token’s Hayden Davis, but MeOW insisted that no one in Meteora or Jupiter was involved in any fault.
“I would like to repeat the trust that no one in Jupiter or Meteora did not commit my rich trading, financial fault, or not inappropriate tokens.”
In the statement of X on the early February 17, Cho also refused to work in METEORA surrounding the release of Libra.
Chow said that he and the Meteora team “did not receive or manage” tokens “on the side.”
Chow said, “There are very few people who can access all the firing information to maintain a high level of confidentiality.
“I did not compromise the launch of $ Libra by leaking information, and we did not buy, receive or manage tokens.”
He said there was no “exclusive or unique” relationship between Meteora and Libra distributor Davis.
Following the Libra scandal, MEOW also announced that the FTX will hire Fenwick and West Law Firm faced in a lawsuit against “direct” claims in bluring the relationship with Alameda Research in 2022. Independence Report.
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