Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Jupiter founder: Meteora co-founder Ben resigned and has hired an independent third-party law firm to issue a LIBRA investigation report

Jupiter founder: Meteora co-founder Ben resigned and has hired an independent third-party law firm to issue a LIBRA investigation report

CointimeCointime2025/02/18 02:45
By:Cointime

```

 Meow, the founder of Jupiter, posted on social media, saying, I am also the co-founder of Meteora. First, I want to reiterate my confidence that Jupiter and Meteora have not been involved in any insider trading or financial misconduct, or improperly received any tokens.

Second, we have hired an independent third party (Fenwick & West, one of the world's most famous law firms) to conduct an investigation and produce a report that they will independently release.

Third, I support Ben and his statement. I believe what he said about no financial misconduct when dealing with partners.

Meteora has been operating as a separate entity from Jupiter for over a year, Ben has been running it, and I have not been very involved. He has done an outstanding job building a team and creating the most innovative DEX and the most active LP community in the world over the past year.

While I have 100% confidence in Ben's character, as the project leader, he has shown a lack of judgment in the past few months and has not been attentive to some core aspects of the project (considering the current scale and reputation of the project).

Unfortunately, this is unacceptable. Ben understands this and has chosen to resign. Looking ahead, we will be looking for new leadership for Meteora.

```

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!