First Lady’s $MELANIA Coin Under Fire: Lawsuit Alleges Massive Pump-and-Dump Scheme
2025-10-24
An amended lawsuit accuses Meteora and co-founder Ben Chow of operating a “liquidity lure” scheme across the LIBRA and MELANIA memecoins utilizing a pump and dump playbook. The grievance alleges that defendants leveraged Melania Trump and Argentinian President Javier Milei’s public personas for legitimacy to market the tokens, which subsequentlyContinue Reading