Meteora co-founder Ben Chow’s X account was reportedly hacked on March 11, leading to a now-deleted post that reignited controversy surrounding the launch of multiple memecoins, including Libra (LIBRA), Melania Meme (MELANIA), and Official Trump (TRUMP).
This ongoing scandal had previously led to Chow’s resignation.
The fraudulent post, which was presented as an “official statement” from Chow, accused DefiTuna founders Vlad Pozniakov and Dhirk of orchestrating memecoin launches solely for financial extraction. It indicated their involvement in 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,”
the post stated. However, Meteora’s official X account quickly flagged the message as fraudulent, confirming that Chow’s account had been hacked. The team urged followers to avoid engaging with any links shared from the compromised account.
In addition to the allegations, the hacker’s post included purported WhatsApp screenshots implicating Kelsier Ventures CEO Hayden Davis, its COO Gideon Davis, and Pozniakov in discussions about the MATES token. One message allegedly read,
“Yeah fellas tbh we are trying to max extract on this one.”
However, the authenticity of these conversations remains unverified.
Meteora co-founder Zen, who has since assumed the role of CEO, revealed that Meteora’s official X account had also been briefly compromised.
“It’s true that someone gained access momentarily to our Meteora x account. We’ve since reset the account and now verifying,”
Zen stated.
Following the breach, investors were warned against clicking links shared from either account to prevent potential financial losses.
Meanwhile, Argentine President Javier Milei is facing impeachment calls due to his endorsement of the Solana-native LIBRA token, which caused significant market disruption. Despite accusations of a rug pull, Milei defended his actions, claiming they align with his free-market ideology and are part of a broader economic strategy rather than an effort to deceive investors.
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