Meteora conducted a MET airdrop today, donating $4.2 million to three TRUMP Coin insiders. These wallets immediately deposited the entire airdrop into OKX.
Considering the lawsuit and President Trump’s CZ pardon, this could be an attempt at bribery. Communities are outraged by perceived criminality, but at the same time remain resigned to the idea that crime is now legal.
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Meteora TRUMP Airdrop
Two important things happened for Meteora early this morning. The MET token airdrop has finally begun, and a class action lawsuit has been filed against the founders of MELANIA and LIBRA for alleged fraud.
However, on-chain analysts pointed out a third item of note. Some of the biggest recipients of the Meteora airdrop were TRUMP coin insiders.
Specifically, three addresses with deep ties to TRUMP received a combined $4.2 million in airdrops from Meteora.
The original developers of Memecoin and the two wallets that provided significant liquidity on the first day all deposited MET into OKX immediately. This clearly indicates that they are looking to liquidate these tokens.
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Is this an attempt at corruption?
The Meteora airdrop provoked reactions of outrage and embarrassment from the community, but many also expressed displeasure at the prospect of further corruption by Trump.
Specifically, we just received another clear evidence that the president can alleviate legal problems for his supporters, as he did today by pardoning CZ.
CZ Corporation’s extensive business ties to the Trump family have generated weeks of speculation about a pardon, and it appears those predictions were completely correct.
Meteora’s airdrop tokenomics had already raised allocation concerns, but the multi-million dollar gift to TRUMP insiders was quite unexpected. What if it was an effort to obtain legal aid?
To be clear, Meteora has already filed one class action lawsuit over LIBRA, an effort that largely failed, shortly after one of the plaintiffs allegedly engaged in another round of token sniping. Another lawsuit by an entirely different law firm could be successful.
However, if President Trump decides to intervene in any way in the Meteora incident, it could be decisive. The president has waged an all-out war on crypto enforcement because civil lawsuits are easier to dismiss than criminal ones.
Still, these incidents may be completely unrelated. It may be a coincidence that Meteora handed over millions of dollars to a Trump insider on the same day as the impending lawsuit and the president pardoned his business partner.
Nevertheless, everything looks suspicious. This incident may contribute to the cynical “crime is legal” attitude in modern cryptocurrencies.
