Meteora Founder Accused of Using Melania Trump, Milei for $57M Memecoin Scam

A class action lawsuit filed in New York accuses Meteora co-founder Benjamin Chow of orchestrating a $57 million fraud scheme that weaponized celebrity endorsements from Melania Trump and Argentine President Javier Milei to defraud retail investors across $M3M3, $LIBRA, $MELANIA, $ENRON, and $TRUST tokens using pump-and-dump operations.

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