Amidst allegations towards Meteora (a DeFi platform on Solana) about insider trading and unethical practices regarding the $Libra memecoin, co-founder Ben Chow has resigned. Meow, the founder of Jupiter and a co-founder of Meteora, has hired a law firm for an independent investigation. Ben is resigning due to a lack of judgment, despite his strong contributions. Meow emphasized that Meteora will have new leadership and continue to be the most innovative DEX platform.
