In a twist that could only be described as “crypto meets soap opera,” the X account of Meteora co-founder Ben Chow was allegedly hacked, leading to a tweet that reignited the fiery debate around the launch of the Libra (LIBRA), Melania Meme (MELANIA), and Official Trump (TRUMP) memecoin tokens. This digital drama ultimately culminated in Chow’s resignation. 🎭
On March 11, Chow’s X account posted an “official statement” about his departure from Meteora. The post took aim at DefiTuna founders Vlad Pozniakov and Dhirk, accusing them of orchestrating a grand scheme to extract maximum funds from various memecoin token launches, including MELANIA, Mates (MATES), and a Raydium launch. 🐟💰
“As a long time Solana builder, the reason I stepped down is because I am far too trusting for how parasitic the memecoin space is.”
However, Meteora’s official X account quickly flagged the post as fraudulent, claiming that Chow’s account had been compromised. They urged users to avoid clicking on any links, because, you know, the internet is a scary place. 🕵️♂️
“Yeah fellas tbh we are trying to max extract on this one.” The authenticity of these conversations remains unverified, but hey, who needs facts when you have drama? 📱💬
Meteora co-founder Zen, who has since taken up the role of CEO, revealed that Meteora’s X account was also compromised along with Chow’s:
“It’s true that someone gained access momentarily to our Meteora X account. We’ve since reset the account and now verifying.”
Investors were advised to steer clear of any links shared from the accounts to avoid financial losses. Because, let’s face it, no one wants to lose their hard-earned crypto to a digital heist. 🚫💸
Meanwhile, in Argentina, President Javier Milei is facing calls for impeachment after endorsing a rug-pull Solana-native LIBRA token. Milei’s endorsement caused the token’s value to skyrocket from near zero to $5, briefly reaching a $4 billion market capitalization. But, as with all things crypto, the bubble burst, and a massive sell-off event followed, wiping out millions in investor funds. 🇦🇷📉
Milei dismissed the rug pull allegations, claiming that he regularly promotes business projects as part of his free-market philosophy. His endorsement of the KIP Protocol, the developers behind LIBRA, was just another day in the life of a free-market enthusiast. Because, why not? 🤷♂️
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2025-03-11 12:44