Ben Chow, co-founder of Meteora, appears to have had his X account hacked after a post resurfaced concerns about several meme coins.
On March 11, a message was shared from his account, linking his departure from the project to the launch of meme coins, including 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 advised users not to engage with the post or any links.
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The post accused DefiTuna founders Vlad Pozniakov and Dhirk of prioritizing profit over transparency, claiming they aimed to maximize gains from token launches, including MELANIA, Mates (MATES), and a Raydium-based release.
The message also stated that the meme coin industry was too exploitative for him to continue.
Among the claims in the post were screenshots of conversations between Hayden Davis, CEO of Kelsier Ventures, Gideon Davis, its COO, and Pozniakov. The messages suggested an effort to extract as much value as possible from the MATES token, with one participant reportedly stating, “Yeah, fellas, tbh, we are trying to max extract on this one”.
Reports later emerged that Meteora’s own account had also been accessed without authorization. Zen, the current CEO of Meteora, confirmed the breach but stated the team had regained control and was verifying security measures.
On February 26, hackers took over Pump.fun’s X account. What was their goal? Read the full story.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
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