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

This authoritative-secondary source from The Guardian supports 1 claim across 1 ledger entry.

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Claims supported by this source

  1. allegationalleged

    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 · reviewed 2026-09-03