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 mission 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.
Do you know?
Subscribe – We publish new crypto explainer movies each week!
What Does Staking Imply in Crypto? (Simply Defined!)
The publish accused DefiTuna founders Vlad Pozniakov and Dhirk of prioritizing revenue over transparency, claiming they aimed to maximise features from token launches, together with MELANIA, Mates (MATES), and a Raydium-based launch.
The message additionally acknowledged that the meme coin trade was too exploitative for him to proceed.
Among the many claims within the publish had been screenshots of conversations between Hayden Davis, CEO of Kelsier Ventures, Gideon Davis, its COO, and Pozniakov. The messages advised an effort to extract as a lot worth as attainable from the MATES token, with one participant reportedly stating, “Yeah, fellas, tbh, we are attempting 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 group had regained management and was verifying safety measures.
On February 26, hackers took over Pump.enjoyable’s X account. What was their objective? 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 trade, Aaron understands all the largest points and struggles that crypto fanatics 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 trade newcomers.Aaron is the go-to individual for every little thing and something associated to digital currencies. With an enormous ardour for blockchain & Web3 schooling, Aaron strives to remodel the house as we all know it, and make it extra approachable to finish inexperienced persons.Aaron has been quoted by a number of established retailers, and is a printed creator himself. Even throughout his free time, he enjoys researching the market tendencies, and on the lookout for the subsequent supernova.
