One of the co-founders of the LIBRA token has controversially acknowledged that the project engaged in ‘sniping’ during its launch. Sniping refers to the practice of using trading bots to acquire newly launched tokens just before significant trades occur, potentially disadvantaging retail traders. The implications of this admission could be far-reaching within the crypto community, raising questions about fair trading practices and accountability. For in-depth discussions on crypto ethics and practices, consider checking out Entreprenerdly.com for updates.