Judge Jennifer Rochon ruled that six months of memecoin launches cannot sustain a RICO claim, and that plaintiffs never pleaded Meteora as an entity capable of being sued.

Nearly half of the total MET token supply was released earlier today.

The Solana-based DEX unveiled a new product suite today, including a launchpad, dynamic fees, and presale vaults.

Part of the project’s long-planned post-FTX comeback, the token will have 20% of its circulating supply allocated to former Mercurial stakeholders.

The Solana-based decentralized exchange generated $7.6 million in fees over the last 24 hours, making it the second-highest revenue generator in DeFi.

Chow’s departure follows the spectacular rise and fall of the LIBRA token that caused millions in investor losses.