Melania Trump and Javier Milei ‘Unwitting Faces’ of $57M Meme Coin Fraud, Suit Says

TLDR: Founders allegedly used one-sided liquidity pools to extract around $107 M from the LIBRA token launch. The complaint states that over 760 M LIBRA tokens (76% of supply) were transferred by insiders shortly after minting. The court ordered freeze of approx. $110 M in LIBRA proceeds and ~$57.65 M USDC in specific wallets. Plaintiffs claim founder Benjamin Chow orchestrated [...]

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