Meteora co-founder resigns, Jupiter begins probe

Meteora co-founder resigns, Jupiter begins probe

The launch of the highly controversial LIBRA memecoin, which Argentine President Javier Milei briefly promoted, has embroiled the crypto industry in an emerging global scandal.  Disregarding for a moment the impact of the token’s launch on international politics — with President Milei’s own sister reportedly receiving payments from LIBRA founder Hayden Davis and Milei facing … Read more

Meteora Exec Resigns Amid Financial Misconduct Claims

Meteora Exec Resigns Amid Financial Misconduct Claims

Ben Chow, co-founder of DeFi and meme coin platform Meteora, resigned on Monday after being accused of financial misconduct and insider trading tied to the controversial LIBRA meme coin. This development came after growing concerns over his involvement in the project. Chow Denies Involvement in Controversy Meow, the pseudonymous co-founder of Jupiter, a decentralized exchange … Read more

Libra memecoin scandal causes Meteora co-founder to resign

Libra memecoin scandal causes Meteora co-founder to resign

Ben Chow, co-founder of Solana-based decentralized exchange Meteora, has stepped down following allegations that he privately received or managed LIBRA tokens. Chow’s resignation was announced on X by Meow, pseudonymous co-founder of both Meteora and Jupiter. Meow stressed their dedication to openness and reassured the community that neither project was involved in insider trading or … Read more