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handle: @hellochow role: co founder of Meteora, former CEO known for: Meteora, LIBRA launch infrastructure, M3M3, 2025 resignation
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Benjamin Chow is a co founder and the former chief executive of [[meteora]], the [[Solana]] liquidity protocol whose launch infrastructure sat underneath many of the era's most consequential tokens, including [[official trump]], [[melania]], and [[LIBRA]]. His resignation in February 2025 made him the highest profile infrastructure casualty of the [[libra scandal]], and he has since become a recurring defendant in the civil litigation mapping the era. All allegations described here are claims from lawsuits and reporting; Chow has consistently denied wrongdoing and no court had found against him as of mid 2026. ## Meteora Chow built Meteora, which grew out of the earlier Mercurial project, into one of Solana's core liquidity venues, closely associated with the [[jupiter]] ecosystem. Its Dynamic Liquidity Market Maker pools became the standard rails for large political and celebrity launches in late 2024 and early 2025, which placed the protocol, and Chow personally, at the center of every dispute about how those launches were structured. ## LIBRA and resignation When LIBRA collapsed in February 2025 and attention turned to Kelsier Ventures and Hayden Davis, questions followed about what Meteora knew. On February 19, 2025, Chow resigned as CEO, a step covered by The Block and Coinspeaker. In statements on X he denied that he or Meteora had received tokens or insider information, describing the protocol as a permissionless tool supporting independent launches rather than a trading entity, while acknowledging poor judgment in his association with key figures involved. Blockhead and other outlets noted the resignation came amid insider trading allegations that he rejected. ## Litigation Chow's legal exposure widened through 2025. A Burwick Law class action over the M3M3 staking token named Meteora and Chow. He was added to the amended complaint in the HAWK litigation stemming from the [[hawk tuah coin]] collapse. In May 2025 a court freeze connected to the LIBRA class action covered assets tied to both Davis and Chow, until a judge dissolved it in August 2025, restoring access to about 57.6 million dollars in USDC. In October 2025 a further class action alleged that Chow, Kelsier Ventures, and affiliates orchestrated at least 15 meme coin launches on a shared deceptive template, identifying LIBRA, MELANIA, ENRON, TRUST, and M3M3 as the core pattern; The Block reported the complaint's claim that Chow helped coordinate the scheme, which he disputes. All of these matters remained unresolved civil allegations as of mid 2026. ## Significance Chow personifies the era's hardest question: whether the people who build neutral rails bear responsibility for what runs on them. In [[the trenches]], Meteora style launch became shorthand for single sided liquidity launches with insider friendly mechanics, and Chow's fall from respected protocol founder to serial defendant is cited whenever infrastructure neutrality is debated. ## References - https://www.theblock.co/post/341412/meteora-co-founder-ben-chow-resigns-amid-libra-scandal - https://www.blockhead.co/2025/02/19/meteora-ceo-ben-chow-resigns-amid-libra-insider-trading-allegations-2/ - https://www.coinspeaker.com/ben-chow-resigns-meteora-co-founder-libra-meme-coin-backlash/ - https://www.theblock.co/post/375832/ben-chow-melania-libra-memecoin - https://coincentral.com/us-court-unfreezes-hayden-daviss-58m-in-usdc-and-libra-tokens/ - https://www.investing.com/news/stock-market-news/meteora-cofounder-resigns-amid-libra-memecoin-scandal-93CH-3873633
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