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Meteora Founder Accused in MELANIA, LIBRA Memecoin Scams

Meteora Founder Accused in MELANIA, LIBRA Memecoin Scams

Author:

Global Cryptocurrency

Published:

2025-10-23 12:26:02

24

1

BTCCSquare news:

Benjamin Chow, founder of Meteora, faces allegations of orchestrating memecoin scams involving MELANIA and LIBRA tokens. The lawsuit highlights growing regulatory scrutiny over fraudulent activities in the memecoin sector.

Legal actions against high-profile figures signal a tightening enforcement landscape for crypto projects lacking substantive utility. Market participants await further developments as the case unfolds.

By:

Jane Fraser Elected Chair of Citi’s Board

|Square

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