Ben Chow, co-founder of Meteora, seems to have had his X account hacked after a publish resurfaced considerations about a number of meme cash.
On March 11, a message was shared from his account, linking his departure from the undertaking 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 have interaction with the publish or any hyperlinks.
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The publish accused DefiTuna founders Vlad Pozniakov and Dhirk of prioritizing revenue over transparency, claiming they aimed to maximise positive aspects from token launches, together with MELANIA, Mates (MATES), and a Raydium-based launch.
The message additionally acknowledged that the meme coin business was too exploitative for him to proceed.
Among the many claims within the publish have been screenshots of conversations between Hayden Davis, CEO of Kelsier Ventures, Gideon Davis, its COO, and Pozniakov. The messages steered an effort to extract as a lot worth as attainable from the MATES token, with one participant reportedly stating, “Yeah, fellas, tbh, we try to max extract on this one”.
Studies later emerged that Meteora’s personal account had additionally been accessed with out authorization. Zen, the present CEO of Meteora, confirmed the breach however acknowledged the workforce had regained management and was verifying safety measures.
On February 26, hackers took over Pump.enjoyable’s X account. What was their aim? Learn the total 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 Warfare II period.With near a decade of expertise within the FinTech business, Aaron understands all the greatest points and struggles that crypto lovers 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 part 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 rookies.Aaron has been quoted by a number of established retailers, and is a broadcast creator himself. Even throughout his free time, he enjoys researching the market traits, and in search of the subsequent supernova.
