An anonymous trader claims to have lost over $1 million in LIBRA due to a hard fork by the 0L Network team that was not approved by the community

According to Foresight News, anonymous trader NN said that he lost more than $1 million in cryptocurrency due to a hard fork by the 0L Network (LIBRA) team without community approval. NN said that the team behind 0L Network forked to fix a vulnerability that lasted for more than two years and was not considered malicious behavior, resulting in a 4% reduction in the total supply of LIBRA and the destruction of tokens purchased by innocent wallets nearly two years ago.

The anonymous trader said he purchased 147 million LIBRA tokens back in February 2023, worth about $1.47 million at the time of purchase, after which he joined the protocol to assist with marketing efforts.