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3 posts tagged with "liquidity"

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Meteora Co-Founder Accused of 15 Token Scams: The Technical Side of a $100M Fraud

ยท 9 min read
DeFi Educator and Strategist

The story of the TRUMP, MELANIA, and LIBRA memecoins just got much darker. According to a lawsuit and blockchain analysis, Benjamin Chow, co-founder of Meteora DEX on Solana, has been accused of being the mastermind behind a scheme involving 15 different token scams that generated over $100 million in profits for insiders while retail investors lost billions.

This isn't just another meme coin rug pull-it's a sophisticated technical fraud that exploited the very infrastructure that was supposed to enable decentralized trading.

The TRUMP Memecoin Strategy: A Masterclass in Financial Engineering

ยท 10 min read
DeFi Educator and Strategist

The launch of the TRUMP memecoin on January 17, 2025, wasn't just another meme token drop. It was a brilliantly executed financial strategy that generated nearly $100 million in trading fees in just two weeks-while small traders collectively lost over $2 billion. Here's how they did it, and why it's a masterclass in value extraction.

Monopoly Money and TRUMP Token