M3M3 Token Investors Sue Over Alleged $69M Fraud

Investors have filed a class-action lawsuit against the decentralized finance (DeFi) protocol Meteora, alleging manipulation of the M3M3 token launch and market price. In a newly amended complaint filed on April 21 in the U. S. District Court for the Southern District of New York, investors allege that Meteora, along with venture capital firm Kelsier Labs and four current or former executives, intentionally misrepresented key details surrounding the launch of the M3M3 token in December 2024 source: https://news.shib.io/2025/04/22/m3m3-token-investors-sue-over-alleged-69m-fraud/?utm_source=rss&utm_medium=rss&utm_campaign=m3m3-token-investors-sue-over-alleged-69m-fraud