Big trouble hit Solana, a type of cryptocurrency network! A new coin called LIBRA zoomed up in price super fast, then crashed hard. Many people lost lots of money. This wasn't just a mistake; it looks like some powerful people cheated.
- LIBRA's price went way up, then down very quickly.
- Some people, like Kelsier Ventures, made a lot of money before the crash.
- Companies like Meteora and Jupiter are also being investigated for their role.
- The Argentinian president even promoted LIBRA, but later said he didn't know much about it.
| Fact | Number |
|---|---|
| LIBRA's highest market value | Over $4 billion |
| Money lost by investors | Over $251 million |
| Percent of traders who lost money | Over 86% |
| Solana's price drop | 21% in four days |
