Jupiter Co-founder: Meteora Head Ben Announces Resignation

ChainCatcher news reports that meow, co-founder of Jupiter, stated that Ben, the project leader of the decentralized trading platform Meteora, has chosen to resign. meow expressed that while he has full confidence in Ben's character, it is unacceptable that Ben has shown insufficient judgment and attention to the core aspects of the project over the past few months as the project leader.

In response to recent controversies, meow reiterated that neither Jupiter nor Meteora has been involved in any insider trading or financial misconduct. He stated that the company has hired the well-known law firm Fenwick & West as an independent third party to conduct an investigation and publish a report.

At the same time, he emphasized that the JUP token has consistently maintained high standards of transparency, being the only major protocol that provides detailed explanations for each token during three audit processes and has never engaged in over-the-counter (OTC) trading.