The post A New Development Has Been Made in the Scam Including LIBRA and MELANIA Memecoins! “They Were Not Guilty!” appeared on BitcoinEthereumNews.com. There has been a new development on the LIBRA front, the international cryptocurrency scam in which Argentine President Javier Milei is also involved. At this point, a class action lawsuit was filed against Meteora co-founder Benjamin Chow, who was also mentioned in the LIBRA scandal. In the class action lawsuit, Benjamin Chow was accused of orchestrating and leading at least 15 memecoin-related scams, including the MELANIA and LIBRA tokens. The lawsuit alleges that Chow coordinated at least 15 pump-and-dump token transactions with Kelsier Ventures and the Davis family. Melania Trump and Javier Milei are not to blame! In the US class action lawsuit, plaintiffs allege that the entire fraudulent scheme and actions were perpetrated by Benjamin Chow and Kelsier Ventures (Hayden, Charles, and Gideon Davis) and used as a promotional tool for Melania Trump and Argentine President Javier Milei. “These faces and brands were, in fact, used as pretexts to legitimize a coordinated liquidity trap,” the complaint said, referring to US First Lady Melania Trump and Argentine President Javier Milei. The investors who joined as plaintiffs argued that these public figures should not be held liable because they were merely window dressing for the scheme allegedly orchestrated by Meteora and Kelsier Ventures, led by Hayden Davis. “The plaintiffs do not allege that these public figures were guilty; they were merely window dressing for a crime orchestrated by Meteora and Kelsier.” What Happened? As you may recall, the First Lady unveiled her own Solana-based memecoin, MELANIA, in January. This launch came just two days after her husband, President Trump, launched his official token, TRUMP. MELANIA rose rapidly, but then lost approximately 99% of its value in the following months. Similarly, Argentine President Javier Milei initially promoted LIBRA through his personal X account. Its price rose rapidly thereafter. However, the token’s price… The post A New Development Has Been Made in the Scam Including LIBRA and MELANIA Memecoins! “They Were Not Guilty!” appeared on BitcoinEthereumNews.com. There has been a new development on the LIBRA front, the international cryptocurrency scam in which Argentine President Javier Milei is also involved. At this point, a class action lawsuit was filed against Meteora co-founder Benjamin Chow, who was also mentioned in the LIBRA scandal. In the class action lawsuit, Benjamin Chow was accused of orchestrating and leading at least 15 memecoin-related scams, including the MELANIA and LIBRA tokens. The lawsuit alleges that Chow coordinated at least 15 pump-and-dump token transactions with Kelsier Ventures and the Davis family. Melania Trump and Javier Milei are not to blame! In the US class action lawsuit, plaintiffs allege that the entire fraudulent scheme and actions were perpetrated by Benjamin Chow and Kelsier Ventures (Hayden, Charles, and Gideon Davis) and used as a promotional tool for Melania Trump and Argentine President Javier Milei. “These faces and brands were, in fact, used as pretexts to legitimize a coordinated liquidity trap,” the complaint said, referring to US First Lady Melania Trump and Argentine President Javier Milei. The investors who joined as plaintiffs argued that these public figures should not be held liable because they were merely window dressing for the scheme allegedly orchestrated by Meteora and Kelsier Ventures, led by Hayden Davis. “The plaintiffs do not allege that these public figures were guilty; they were merely window dressing for a crime orchestrated by Meteora and Kelsier.” What Happened? As you may recall, the First Lady unveiled her own Solana-based memecoin, MELANIA, in January. This launch came just two days after her husband, President Trump, launched his official token, TRUMP. MELANIA rose rapidly, but then lost approximately 99% of its value in the following months. Similarly, Argentine President Javier Milei initially promoted LIBRA through his personal X account. Its price rose rapidly thereafter. However, the token’s price…

A New Development Has Been Made in the Scam Including LIBRA and MELANIA Memecoins! “They Were Not Guilty!”

There has been a new development on the LIBRA front, the international cryptocurrency scam in which Argentine President Javier Milei is also involved.

At this point, a class action lawsuit was filed against Meteora co-founder Benjamin Chow, who was also mentioned in the LIBRA scandal.

In the class action lawsuit, Benjamin Chow was accused of orchestrating and leading at least 15 memecoin-related scams, including the MELANIA and LIBRA tokens.

The lawsuit alleges that Chow coordinated at least 15 pump-and-dump token transactions with Kelsier Ventures and the Davis family.

Melania Trump and Javier Milei are not to blame!

In the US class action lawsuit, plaintiffs allege that the entire fraudulent scheme and actions were perpetrated by Benjamin Chow and Kelsier Ventures (Hayden, Charles, and Gideon Davis) and used as a promotional tool for Melania Trump and Argentine President Javier Milei.

“These faces and brands were, in fact, used as pretexts to legitimize a coordinated liquidity trap,” the complaint said, referring to US First Lady Melania Trump and Argentine President Javier Milei.

The investors who joined as plaintiffs argued that these public figures should not be held liable because they were merely window dressing for the scheme allegedly orchestrated by Meteora and Kelsier Ventures, led by Hayden Davis.

What Happened?

As you may recall, the First Lady unveiled her own Solana-based memecoin, MELANIA, in January. This launch came just two days after her husband, President Trump, launched his official token, TRUMP. MELANIA rose rapidly, but then lost approximately 99% of its value in the following months.

Similarly, Argentine President Javier Milei initially promoted LIBRA through his personal X account. Its price rose rapidly thereafter. However, the token’s price plummeted 90% within hours, and Milei subsequently deleted his post. This incident led Milei to face fraud charges related to the LIBRA promotion, while a separate investigation by the country’s anti-corruption office concluded that Milei had not violated public ethics laws.

*This is not investment advice.

Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data!

Source: https://en.bitcoinsistemi.com/a-new-development-has-been-made-in-the-scam-including-libra-and-melania-memecoins-they-were-not-guilty/

Market Opportunity
Scamcoin Logo
Scamcoin Price(SCAM)
$0.001102
$0.001102$0.001102
-0.63%
USD
Scamcoin (SCAM) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

CME Group to Launch Solana and XRP Futures Options

CME Group to Launch Solana and XRP Futures Options

The post CME Group to Launch Solana and XRP Futures Options appeared on BitcoinEthereumNews.com. An announcement was made by CME Group, the largest derivatives exchanger worldwide, revealed that it would introduce options for Solana and XRP futures. It is the latest addition to CME crypto derivatives as institutions and retail investors increase their demand for Solana and XRP. CME Expands Crypto Offerings With Solana and XRP Options Launch According to a press release, the launch is scheduled for October 13, 2025, pending regulatory approval. The new products will allow traders to access options on Solana, Micro Solana, XRP, and Micro XRP futures. Expiries will be offered on business days on a monthly, and quarterly basis to provide more flexibility to market players. CME Group said the contracts are designed to meet demand from institutions, hedge funds, and active retail traders. According to Giovanni Vicioso, the launch reflects high liquidity in Solana and XRP futures. Vicioso is the Global Head of Cryptocurrency Products for the CME Group. He noted that the new contracts will provide additional tools for risk management and exposure strategies. Recently, CME XRP futures registered record open interest amid ETF approval optimism, reinforcing confidence in contract demand. Cumberland, one of the leading liquidity providers, welcomed the development and said it highlights the shift beyond Bitcoin and Ethereum. FalconX, another trading firm, added that rising digital asset treasuries are increasing the need for hedging tools on alternative tokens like Solana and XRP. High Record Trading Volumes Demand Solana and XRP Futures Solana futures and XRP continue to gain popularity since their launch earlier this year. According to CME official records, many have bought and sold more than 540,000 Solana futures contracts since March. A value that amounts to over $22 billion dollars. Solana contracts hit a record 9,000 contracts in August, worth $437 million. Open interest also set a record at 12,500 contracts.…
Share
BitcoinEthereumNews2025/09/18 01:39
Vitalik Buterin Warns Crypto Lost Its Way, But Ethereum Is Ready to Fix It

Vitalik Buterin Warns Crypto Lost Its Way, But Ethereum Is Ready to Fix It

The post Vitalik Buterin Warns Crypto Lost Its Way, But Ethereum Is Ready to Fix It appeared first on Coinpedia Fintech News Ethereum co-founder Vitalik Buterin
Share
CoinPedia2026/01/14 18:13
Top 3 Reasons Why XRP Price Is Surging Today

Top 3 Reasons Why XRP Price Is Surging Today

The post Top 3 Reasons Why XRP Price Is Surging Today appeared on BitcoinEthereumNews.com. The XRP price is back in the spotlight today, becoming one of the top
Share
BitcoinEthereumNews2026/01/14 17:55