Ben Chow, co-founder of Meteora, seems to have had his X account hacked after a submit resurfaced issues about a number of meme cash.
On March 11, a message was shared from his account, linking his departure from the challenge to the launch of meme cash, together with Libra (LIBRA), Melania Meme (MELANIA), and Official Trump (TRUMP) tokens.
In response, Meteora’s official X account warned that Chow’s account had been compromised and suggested customers to not interact with the submit or any hyperlinks.
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The submit accused DefiTuna founders Vlad Pozniakov and Dhirk of prioritizing revenue over transparency, claiming they aimed to maximise good points from token launches, together with MELANIA, Mates (MATES), and a Raydium-based launch.
The message additionally said that the meme coin business was too exploitative for him to proceed.
Among the many claims within the submit have been screenshots of conversations between Hayden Davis, CEO of Kelsier Ventures, Gideon Davis, its COO, and Pozniakov. The messages instructed an effort to extract as a lot worth as doable from the MATES token, with one participant reportedly stating, “Yeah, fellas, tbh, we are attempting to max extract on this one”.
Experiences later emerged that Meteora’s personal account had additionally been accessed with out authorization. Zen, the present CEO of Meteora, confirmed the breach however said the staff had regained management and was verifying safety measures.
On February 26, hackers took over Pump.enjoyable’s X account. What was their purpose? Learn the complete story.
Having accomplished a Grasp’s diploma in Economics, Politics, and Cultures of the East Asia area, Aaron has written scientific papers analyzing the variations between Western and Collective types of capitalism within the post-World Struggle II period.With near a decade of expertise within the FinTech business, Aaron understands all the greatest points and struggles that crypto fans face. He’s a passionate analyst who is worried with data-driven and fact-based content material, in addition to that which speaks to each Web3 natives and business newcomers.Aaron is the go-to particular person for every little thing and something associated to digital currencies. With an enormous ardour for blockchain & Web3 schooling, Aaron strives to rework the house as we all know it, and make it extra approachable to finish novices.Aaron has been quoted by a number of established shops, and is a printed writer himself. Even throughout his free time, he enjoys researching the market developments, and searching for the following supernova.
