DeFiTuna exposes that Kelsier once manipulated multiple projects such as MELANIA, LIBRA, etc., harvesting over 2 billion USD.

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BlockBeats news, on February 18th, DeFiTuna founder Moty publicly announced through platform X: has fully refunded $30,000 investment to its investor Kelsier Ventures (LIBRA Tokenissuance advisor) and cut off all relationships, Kelsier had invested in DeFiTuna on January 16, 2025. Kelsier is currently facing serious allegations of market manipulation - involving LIBRA, MELANIA, and M3M3 issuance platform. Moty disclosed a series of organized Token manipulation behaviors by Kelsier. Moty accuses Kelsier of participating in a structured fund harvesting plan for meme issuance on the M3M3 platform; Meteora co-founder Ben and other leaders tolerate its harm to the community; despite contacting core members of Meteora directly, they lack accountability; Ben promised to step down after being questioned but released a vague public response. Moty said, "I am putting my personal reputation and the DeFiTuna project at stake to push key figures to expose and eliminate the evildoers. Kelsier had Thomas, a Lebanese employee, contact DeFiTuna to provide Liquidity support for the M3M3 platform." Key details revealed by Moty include: M3M3 was originally packaged as an independent platform but was actually controlled by Meteora co-founder Ben; if the project goes live on M3M3, Token shares need to be allocated to the Kelsier team; DeFiTuna co-founder Vlad was passively involved, mistakenly believing the cooperation was legal. Behind the scenes manipulation of the MATES project: Kelsier asked DeFiTuna to manage Liquidity for the first MATES project on M3M3; after MATES Token went live, 95% was dumped, a screenshot on February 18th showed the team discussing "maximizing fund harvesting"; Hayden Davis (Kelsier founder) instructed, "We need to extract the maximum value from this project, regardless of the founder's intentions." Behind the scenes manipulation of the MELANIA Token: 1 hour before the MELANIA Token went live, Kelsier sent the Token Address to Vlad in advance and informed that Trump would retweet; transferred 1% of Tokens from LiquidityWallet to Vlad (peaking at a value of $100 million); Hayden requested anonymous dumping of all shares, evading on-chain tracking by converting LP Tokens to Non-fungible Tokens on the Orca platform. The Kelsier team only harvested $2.45 million from the community, including the MATES and AIAI projects, and a total of over $200 million from projects such as MELANIA, LIBRA, ENRON, and others. Moty estimates that through projects like AIAI, MATES, ENRON, MELANIA, LIBRA, the Kelsier team has harvested over $200 million of user funds.

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