The LIBRA team used three internal wallets to snipe its token and profited $6.65 million

According to BlockBeats, on February 17th, according to Lookonchain monitoring, the LIBRA team used three internal wallets to hack its tokens and made a profit of $6.65 million. A few hours before the release of LIBRA, a wallet bridged 1.6 million USDC from Avalanche to three Solana wallets, and through these wallets, targeted 3.77 million LIBRA. Then, these LIBRAs were quickly sold and exchanged for 8.25 million USDC, earning a profit of 6.65 million USD.