Multiple blockchain analysis firms had warned about the LIBRA token’s flawed tokenomics and lack of KYC

Quotes that support claims

Other blockchain data firms had warned about the project before the meltdown.

Conor Grogan, Coinbase’s head of product, urged caution, noting that established launches typically employ multi-signature wallets and strict KYC measures."

Blockchain analysis firm Bubblemaps warned about LIBRA’s flawed tokenomics, revealing that 82% of the supply was unlocked and sellable from the start.