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Cryptocurrency News Articles

Ben Chow's X Account Was Compromised on March 11 After Posting Accusations Against Memecoin Projects

Mar 13, 2025 at 07:09 pm

The hacked post accused DeFiTuna founders Vlad Pozniakov and Dhirk of exploiting tokens like MELANIA, LIBRA, and TRUMP.

Ben Chow's X Account Was Compromised on March 11 After Posting Accusations Against Memecoin Projects

The incident began on March 11 with a surprising post from Ben Chow’s X account, usually used for promoting the Meteora platform. Instead of typical content, the post appeared to be a heated rant.

It saw Chow, usually known for optimism, expressing open distrust in the memecoin ecosystem, which he described as "parasitic." He went on to accuse two individuals, Vlad Pozniakov and Dhirk, both linked to DeFiTuna, of exploiting tokens for personal gain.

Chow’s post, now deleted, claimed that the duo were focused on "max extracting" funds, allegedly amassing over $30 million through activities like launching and pivoting tokens. He specifically named projects like MELANIA, LIBRA, and TRUMP, which he alleged were part of a broader scheme to defraud investors.

"These guys are disgusting. They abused our platform and hope to get rich quick at the expense of others," one part of the post read, referring to the Meteora collective.

However, the post was quickly dismissed by the Meteora team as fraudulent. They took to X to warn followers to disregard the message, stating that Chow’s account had been compromised.

"We’ve regained control of Ben’s X account and are investigating a fraudulent post. Please disregard any messages claiming otherwise. Stay tuned for updates. #StaySafe," the team wrote.

The recovery of Chow’s account came after several hours of silence, during which time questions arose over the security protocols of the platform.

Highlighting the incident, the Meteora team urged users to be cautious and avoid clicking any suspicious links. They also confirmed that both Chow’s and the main Meteora X account had been hacked.

"A note to our community: We are aware of a fraudulent post circulating on X from Ben’s account. This is a hack, and we are currently working to regain access to the account," the team announced.

The hacked tweet also included purported screenshots of WhatsApp chats between Kelsier Ventures executives and Pozniakov. One message, allegedly from a Kelsier Ventures executive, read, "We are trying to max extract on this one," referring to the MATES token. However, the chat’s authenticity could not be verified.

Notably, Kelsier Ventures has not yet publicly addressed the claims made in the hacked post.

The incident began with a surprising post from Ben Chow’s X account, usually used for promoting the Meteora platform. Instead of typical content, the post appeared to be a heated rant.

It saw Chow, usually known for optimism, expressing open distrust in the memecoin ecosystem, which he described as "parasitic." He went on to accuse two individuals, Vlad Pozniakov and Dhirk, both linked to DeFiTuna, of exploiting tokens for personal gain.

Chow’s post, now deleted, claimed that the duo were focused on "max extracting" funds, allegedly amassing over $30 million through activities like launching and pivoting tokens. He specifically named projects like MELANIA, LIBRA, and TRUMP, which he alleged were part of a broader scheme to defraud investors.

"These guys are disgusting. They abused our platform and hope to get rich quick at the expense of others," one part of the post read, referring to the Meteora collective.

However, the post was quickly dismissed by the Meteora team as fraudulent. They took to X to warn followers to disregard the message, stating that Chow’s account had been hacked.

"We’ve regained control of Ben’s X account and are investigating a fraudulent post. Please disregard any messages claiming otherwise. Stay tuned for updates. #StaySafe," the team wrote.

The recovery of Chow’s account came after several hours of silence, during which time questions arose over the security protocols of the platform.

Highlighting the incident, the Meteora team urged users to be cautious and avoid clicking any suspicious links. They also confirmed that both Chow’s and the main Meteora X account had been hacked.

"A note to our community: We are aware of a fraudulent post circulating on X from Ben’s account. This is a hack, and we are currently working to regain access to the account," the team announced.

The hacked tweet also included purported screenshots of WhatsApp chats between Kelsier Ventures executives and Pozniakov. One message, allegedly from a Kelsier Ventures executive, read, "We are trying to max extract on this one," referring to the MATES token. However, the chat’s authenticity could not be verified.

Notably, Kelsier Ventures has not yet publicly addressed the claims made in the hacked post.

The incident sparked a chaotic scene as several parties involved in the Solana memecoin ecosystem clashed following a series of accusations.

At the heart of the matter were the founders of DeFiTuna, Vlad Pozniakov and Dhirk, who were the target of a post on March 11 from Ben Chow’s X account.

The post

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