Meteora Co-Founder Resigns On Heels Of Solana Meme Coin, Libra Controversy

Ben Chow, co-founder of Meteora, has stepped down from his role following scrutiny over the botched launch of the Libra (CRYPTO: LIBRA) token, a Solana (CRYPTO: SOL)-based meme coin.

Meow, the pseudonymous co-founder of both Meteora and Jupiter (CRYPTO: JUP), announced that neither he nor anyone at either project had benefited financially from the token.

“No one at Jupiter or Meteora committed any insider trading or financial wrongdoing, or received any tokens inappropriately,” Meow said in a statement on X.

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