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Melania Trump's meme coin architects accused of pump-and-dump fraud in lawsuit

The GuardianGuardian staff and agency

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  1. alleged

    The October 21, 2025 second amended complaint in Hurlock v. Kelsier Ventures alleges that the named defendants used Melania Trump's name and likeness in a coordinated $MELANIA pump-and-dump scheme and alleges that named plaintiff John Winslow incurred an approximate $10,000 net loss. The pleading identifies Melania Trump as a relevant non-party, does not name her as a defendant, and expressly says plaintiffs do not allege that the public figures whose branding was used were culpable.

    October 23 report identifies the defendants, allegations, price collapse, and Melania Trump's non-defendant status

    Investors add $MELANIA allegations against its technical operators · Second amended complaint filed October 21, 2025