A class-action lawsuit has revealed that Benjamin Chow and Kelsier Ventures orchestrated meme coin scams using tokens named 'MELANIA' and 'LIBRA', falsely suggesting endorsements from U.S. First Lady Melania Trump and Argentine President Javier Milei. The scheme involved pre-distribution of tokens, social media hype, and price manipulation, leading to a rapid dump. Chain analysis identified overlapping wallets and liquidity control by the team, with 57.6 million USDC initially frozen but later unfrozen due to lack of evidence. The lawsuit claims the public figures were used to lend legitimacy to the scams, though they were not directly involved.