Ben Chow, co-founder of Meteora, has stepped down from his role following the controversy surrounding the Libra meme coin, according to an announcement by Meow, the pseudonymous founder of Solana-based DEX Jupiter. Meow, who also co-founded Meteora, stated on X on Monday that while he remains confident in Chow’s character, the lack of judgment displayed in handling key aspects of the project led to his resignation. The Libra meme coin became a hot topic last Friday when Argentina’s President Javier Milei publicly endorsed the token as part of an initiative to boost the country’s economy. The Libra development team had created liquidity pools for the token on Meteora.
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