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DeFiTuna refunds LIBRA token issuance advisor Kelsier's investment, accusing him of manipulating multiple token projects.

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TechFlow
334Words
Feb 18, 2025

According to Deep Tide TechFlow, on February 18, it was reported by SolanaFloor that Moty, the founder of DeFiTuna, announced on social media platform X that he has fully refunded an investment of 30 thousand USD to Kelsier Ventures, the advisory firm for the LIBRA token issuance, and terminated their partnership.


Moty accused Kelsier of manipulating multiple projects through the M3M3 token issuance platform, including the LIBRA, MELANIA, and other tokens. It was disclosed that the Kelsier team harvested 2.45 million USD through the MATES and AIAI projects, with the total amount harvested from projects such as MELANIA, LIBRA, and ENRON possibly exceeding 200 million USD.

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