The recent collapse of the Solana-based Libra memecoin has ignited a whirlwind of controversy and investigation in the crypto market. Once boasting a staggering valuation of 4.5 billion dollars, Libra saw its value tumble by 95% over the weekend. This dramatic plunge has left retail investors facing significant losses. It has also raised serious questions about potential insider trading and manipulation within the memecoin sector. The aftermath of this collapse is not just a financial issue; it has sparked political debates and regulatory scrutiny as stakeholders demand accountability and transparency. As the crypto landscape continues to evolve, the events surrounding Libra serve as a stark reminder of the volatility and risks inherent in the memecoin market.