Co-founder's account hacked after memecoin post, sparking controversy and resignation from Meteora.
From Cointelegraph
March 11, 2025 4:59 am:
Meteora co-founder Ben Chow’s X account hacked, sparking controversy over Libra, Melania, and Trump memecoin tokens. Chow resigned after posting tweet accusing DefiTuna founders of exploiting memecoin space for funds.
Meteora flags Chow’s departure post as fraudulent, claiming account compromise. Screenshots of alleged conversations between Kelsier Ventures and DefiTuna discussed extracting funds from memecoin launches.
Meteora co-founder Zen confirms Meteora X account also compromised. Investors warned against clicking on any shared links to prevent financial losses.
Argentine President Milei faces impeachment calls after endorsing Solana-native LIBRA token, causing value surge to $5 billion market cap. Massive sell-off event follows, wiping out millions in investor funds.
Milei denies rug pull allegations, stating he promotes business projects as part of free-market philosophy. Endorsement of KIP Protocol, developers behind LIBRA, part of broader policy.
Read more at Cointelegraph: Meteora says co-founder’s X account hacked after ‘parasitic’ memecoin post
