KOL broke the news that Jupiter 'sucker' collaborated with the liquidity pool to play people for suckers, the founder hurriedly clarified: it has nothing to do with LIBRA Token, no insider trading.

KOL accused Jupiter of colluding with the liquidity pool to play people for suckers, retail investors, and questioned the involvement of $LIBRA in insider trading. In response, Jupiter’s co-founder Ben Chow clarified that the team has no direct relationship with LIBRA and did not participate in any insider operations. Recent discussions and investigations within the Cryptocurrency community have focused on insider information, RUG, and deliberate setups involving the Token $LIBRA. Renowned KOL @Ed_x0101 publicly accused Jupiter of collaborating with the liquidity pool to take advantage of retail investors and questioned the involvement of LIBRA in insider trading. In response, Meteora’s co-founder and Jupiter’s co-founder Ben Chow clarified that the team has no direct relationship with LIBRA and did not engage in any off-chain transactions. The team behind LIBRA, KIP Protocol, clarified in a tweet yesterday that the issuance and market making of LIBRA tokens are entirely managed by Kelsier Ventures. Kelsier Ventures’ founder Hayden Davis also stated that it was the sudden retraction of statements by the Argentinian president and his team that led to the market crash.