Ben Chow, co-founder of Meteora, seems to have had his X account hacked after a put up resurfaced issues about a number of meme cash.
On March 11, a message was shared from his account, linking his departure from the challenge 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 interact with the put up or any hyperlinks.
Do you know?
Subscribe – We publish new crypto explainer movies each week!
How one can Retailer NFTs in 2023 (3 Most Safe Methods Defined)
The put up accused DefiTuna founders Vlad Pozniakov and Dhirk of prioritizing revenue over transparency, claiming they aimed to maximise positive factors from token launches, together with MELANIA, Mates (MATES), and a Raydium-based launch.
The message additionally said that the meme coin business was too exploitative for him to proceed.
Among the many claims within the put up had been screenshots of conversations between Hayden Davis, CEO of Kelsier Ventures, Gideon Davis, its COO, and Pozniakov. The messages recommended 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 said the group had regained management and was verifying safety measures.
On February 26, hackers took over Pump.enjoyable’s X account. What was their purpose? 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 Battle II period.With near a decade of expertise within the FinTech business, Aaron understands the entire greatest points and struggles that crypto fanatics face. He’s a passionate analyst who is anxious 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 individual for every little thing and something associated to digital currencies. With an enormous ardour for blockchain & Web3 schooling, Aaron strives to rework the area as we all know it, and make it extra approachable to finish newbies.Aaron has been quoted by a number of established retailers, and is a printed writer himself. Even throughout his free time, he enjoys researching the market tendencies, and on the lookout for the subsequent supernova.
