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Barstool Sports founder mistakenly bought $170,000 altcoin LIBRA, leading to its big pump of 3000%
Odaily Planet Daily News According to Solscan trading data, Barstool Sports founder Dave Portnoy seems to have mistakenly invested nearly $170,000 worth of SOL in a random illiquid LIBRA Token (different from the LIBRA Token related to Argentine President Mile), causing its price to pump over 3,000% at one point. Shortly after buying the Token, Portnoy posted on X, saying, 'Anyone want to buy some fake LIBRA? Warning, this is a Meme coin. I bought it unintentionally, it will fluctuate. It will eventually go to zero. It may collapse. It may fall. Do not invest more than you can afford to lose, it is a collectible.' If Portnoy were to sell his position in the random LIBRA Token at the current price, he would lose more than half of his investment capital. (The Block)