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[MELANIA Token Issuer Executives Accused of Price Manipulation] Executives of Meteora, the issuer of the meme token MELANIA, have been accused by investors of organizing the token issuance despite knowing the price would plummet. MELANIA was launched the day before President Trump's inauguration, with its price surging from a few cents to $13.73 before sharply declining, now worth less than one percent of its peak value. Investors claim that Meteora executives profited by selling off tokens, causing the price to crash, and used prominent figures like Melania as promotional fronts. Meteora has yet to respond to the allegations.

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