M3M3 price

🔥LATEST: Solana DEX Meteora faces a class-action suit alleging $69M in losses from the $M3M3 token launch, with insiders controlling 95% of the supply. The case mirrors a prior $LIBRA scandal involving the same parties.

Plaintiffs have accused @solana DEX @MeteoraAG and its founder of secretly controlling the $M3M3 meme coin launch, resulting in $69 million in investor losses. The suit claims 150 insider wallets were used to dominate 95% of the token supply within 20 minutes of launch.

Meteora, a prominent Solana-based DEX, is facing a new class action lawsuit in New York, accused of allegedly engineering a $69 million rug pull tied to its M3M3 meme coin launch.

Gobbler Pitch: Uniswap × Baby STACC LP: Gobbler × Meteora m3m3 (Stake-for-Fee)

By Azuma, Odaily   Earlier today, while the plunge sucked up almost all of the market's attention, there were two seemingly ordinary but very strange X number theft incidents. Meteora and Ben Chow, the former founder of Meteora, who left due to the LIBRA insider scandal, both posted that Meteora's official X account and Ben Chow's personal X account were compromised (Ben Chow's stolen statement has been deleted), however, according to the community's screenshot records, the two incidents do not seem to be as simple as they seem. Odaily Note: Meteora's X theft statement, Ben Chow's has been removed. Below, the Odaily Planet Daily will take you to sort out what happened in the morning. Cause: Ben Chow's personal account voice First of all, at 8:29 this morning, Ben Chow posted a statement on his personal account about the MELANIA, LIBRA, TRUMP incident. The article pointed out that DefiTuna co-founders Dhirk and Vlad, who had exposed the shady trading of Meteora's platform M 3 M 3, were one of the players behind MELANIA and other tokens. Ben Chow even posted some addresses, chats as evidence, and said that Dhirk and Vlad and others took at least $30 million from these trades. HERE'S MY OFFICIAL STATEMENT ABOUT THE MELANIA, LIBRA, TRUMP INCIDENTS: As a long-time Solana builder, the reason I quit was because I felt too trusting of the parasitic nature of the meme token market. Together with the LP legion, we've built one of the most popular decentralized AMM protocols that anyone can use. The co-founders of DefiTuna and their affiliate, Kelsier, have abused Meteora and our community for personal gain. I'm sick of DefiTuna co-founders Dhirk and Vlad trying to expose me as whistleblowers, when in fact they've been plotting around MELANIA, MATES, and more tokens to maximize profits. How can you sit in a room with a bunch of insiders and snipe ENRON together, and then decide a few weeks later to try to enspenn some unlicensed founder instead of reporting all those insiders? LOOK AT THEIR ADDRESS, THEY SNIPED AND PUMPED $30 MILLION AT LEAST MELANIA, MATES, AND OTHER PROJECTS. 7Wk1vTrp2axUtlg3E2xvlbBxvRXTEgYYRnSkHN1xdMKA7uDdwzV3jynMRqfu1p1kfEc9prTM3j48fEKmTxuLKnVRAcxCYwG1jXUP4kEuNFdSzRKVGoV5JHYYvMoghqMNH2CGzGaG3K6pFEq1k99jsbwLgfWkRi6GnkPpScakG2RAHcGW They are all serial scammers. Odaily Note: Screenshot of Ben Chow's tweet. Odaily Note: The chat logs posted by Ben Chow (all screenshots from the community, so it's a bit vague) are spoken to by DefiTuna co-founder Vlad, Kelsier CEO Hayden Davis, and another unknown person, Gideon Davis. Progress: Meteora account retweets comments Shortly after Ben Chow's personal account spoke out (around 8:42), Meteora's official account retweeted the comment, apologizing for the unfair practices that existed in the MELANIA token issuance process, and stating that "they still hold 30% of the MELANIA token and are ready to smash it". Important information about MELANIA: We, the Meteora team, sincerely apologize to the community for the recent actions of Hayden (CEO of Kelsier) and his team. Unfortunately, they misused Meteora and its technology to maximize their personal interests, drawing unfair benefits from MELANIA tokens. We understand that they still hold about 30% of the total supply at the moment, and insiders suggest that they plan to sell off in the market soon. We deeply regret this situation and are working tirelessly to ensure that it does not happen again. Your trust is important to us, and we are committed to getting everything back to normal. Odaily note: Screenshot of Meteora's retweet comment. Twist: both deleted and pushed However, Ben Chow and Meteora's "voice" was quickly deleted after only a short period of time to be public, and then Ben Chow and Meteora both "debunked" rumors that their accounts were compromised...... Hence this morning's ordinary statement of theft. There are many doubts Obviously, this incident reveals doubts in many aspects. First of all, is it really likely that hackers will compromise both Ben Chow and Meteora's accounts? Or is it more likely that the departed Ben Chow still retains access to the Meteora account? Second, if a hacker does hack Ben Chow and Meteora's accounts, why not send a phishing link from a financial point of view, but go through such a lengthy speech? And secondly, suppose there really are hackers? Where did he get those private chats and the addresses of the people involved? On the other hand, if the person behind the two accounts was really Ben Chow, who is now gone, who quickly deleted the tweet and claimed that it was stolen, and controlled public opinion as soon as possible? Judging from the content of the statement, people have previously regarded DefiTuna, who exposed the inside story of M3M3 trading, as a hero, but what about their deep involvement in the chat log? IS IT TRUE THAT "THEY STILL HOLD 30% MELANIA FOR SMASHING"? All these questions were raised with the "sudden voice" of Ben Chow and Meteora, but the opportunity to answer them was lost with the "account accusation". Looking back on the whole incident, Ben Chow's "statement" seems to permeate a scapegoated resentment...... What role did DefiTuna, Kelsier, Meteora and the Jupiter behind them play in this messy trading accident? Who is doing evil, and who is innocent? Or is there cooperation in front of and behind the scenes?