Workflow
Meteora Founder Accused of Using Melania Trump, Milei for $57M Memecoin Scam
Yahoo Finance·2025-10-23 17:06

A class action lawsuit filed in the Southern District of New York accuses Meteora co-founder Benjamin Chow of orchestrating a systematic fraud scheme that weaponized celebrity endorsements from Melania Trump and Argentine President Javier Milei to defraud retail crypto investors of at least $57 million. The Second Amended Class Action Complaint alleges Chow and associates operated the Meteora-Kelsier Enterprise as a “fraud factory” disguised as decentralized finance, using the Meteora liquidity-pooling pr ...