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- GT Airdrop Is Live! 1.92M GT Burned in Q2, Worth Over $39M
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DefiTuna publicly exposes market manipulation by M3M3 and cuts off all ties with investor Kelsier
ChainCatcher news, according to SolanaFloor, DefiTuna founder Moty announced through platform X that he has refunded $30,000 and cut ties with investor Kelsier due to Kelsier's suspected involvement in market manipulation, especially in large-scale Token manipulation on $LIBRA, $MELANIA, and M3M3 Meme coin launch platforms. Moty revealed that Kelsier's actions led to significant financial losses for community members. Moty said:
Kelsier participated in an organized plan, extracting a large amount of funds through the M3M3 platform's MEME coin issuance. The leadership of Meteora, including Ben, profit from the community's losses with the help of a network of influencers. Despite having directly contacted the core members of Meteora many times, they did not show enough sense of responsibility. Ben, co-founder of Meteora, said he would resign when faced with allegations, but his public response was vague.