Ben Chow, co-founder of DeFi and meme coin platform Meteora, resigned on Monday after being accused of financial misconduct and insider trading tied to the controversial LIBRA meme coin.
This development came after growing concerns over his involvement in the project.
Chow Denies Involvement in Controversy
Meow, the pseudonymous co-founder of Jupiter, a decentralized exchange on Solana, as well as Meteora, announced Chow’s resignation on X. He expressed confidence in his partner’s character but cited his recent lack of judgment regarding their company’s core operations as the reason for his departure.
“While I am 100% confident about Ben’s character, as a project lead he has also shown a lack of judgement and care about some of the core aspects of the project,” Meow wrote. “And this is unfortunately unacceptable. Ben understands this, and has chosen to resign,” he added.
Meow also revealed plans to find new leadership for Meteora and to hire an independent firm, Fenwi
We współpracy z: https://cryptopotato.com/meteora-exec-resigns-amid-financial-misconduct-claims/
