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<h3>Fireline Report</h3>
<p>MELANIA coin was exposed for pump-and-dump due to Mrs. Trump's endorsement, and lawsuits fermented. The coin price plummeted 99.99%, and the community sentiment was extremely panic.</p>
<h3>Trading Guide</h3>
<p>Aggressive short-term trading is only suitable for observation. You can reverse your position at any time if the heat drops suddenly or the trading volume shrinks. The key position should be based on the median of the recent fluctuation range. Don't make any moves randomly.</p>
<p style="margin-top: 20px; text-align: left; opacity: 0.4; padding: 0 42px"><small>Updated at 10-24 02:15</small><br><small>AI-generated summary, not investment advice</small></p></div>

<h1>Analysis of Mrs. Trump&#39;s involvement in the MELANIA Meme Coin fraud lawsuit</h1><h2> Overview of the core allegations</h2><p> US First Lady Melania Trump has been implicated in a major cryptocurrency fraud class action lawsuit related to the MELANIA meme coin. The <a href="https://www.forbes.com/sites/alisondurkee/2025/10/22/melania-under-fire-first-ladys-memecoin-was-part-of-fraudulent-scheme-lawsuit-alleges-what-to-know/">lawsuit</a> accuses the developers of an alleged &quot;pump and dump&quot; scheme, manipulating the token issuance for personal gain while causing significant losses to investors.</p><p> <strong>Key allegations</strong> :</p><ul><li> <strong>Nature of Fraud</strong> : Suspected pump-and-dump (pump and dump) tactics</li><li> <strong>Scale of the case</strong> : At least 15 different meme coins</li><li> <strong>Legal Status</strong> : Melania Trump herself has not been directly accused of fraud, but is being used as &quot;window dressing&quot;</li></ul><h2> Core planner identity</h2><p> According to legal documents, Meteora founder Benjamin Chow is accused of being the core mastermind of the cryptocurrency scam. The lawsuit documents show that Chow coordinated with his partners via <a href="https://www.wired.com/story/melania-trump-used-as-window-dressing-in-elaborate-memecoin-fraud-legal-filing-claims/">Telegram</a> to systematically launch, hype, and sell off various tokens.</p><p> <strong>Operation details</strong> :</p><ul><li> Using high-profile figures as &quot;window dressing&quot;</li><li> Push up the price of the currency through social media publicity</li><li> Massive selling at price peaks to take profits</li><li> Investors lost millions of dollars</li></ul><h2> MELANIA Token Market Performance</h2><p> Current MELANIA token market data shows that it has been significantly impacted by legal disputes:</p><table><thead><tr><th> index</th><th> Numerical</th><th> Range of change</th></tr></thead><tbody><tr><td> <strong>Current Price</strong></td><td> $0.093</td><td> -1.56% (24h)</td></tr><tr><td> <strong>Market capitalization</strong></td><td> $75.29M</td><td> -19.88% (7d)</td></tr><tr><td> <strong>24-hour trading volume</strong></td><td> $4.83M</td><td> Large fluctuations</td></tr><tr><td> <strong>Circulating Supply</strong></td><td> 810M MELANIA</td><td> 81% circulation rate</td></tr></tbody></table><h2> Progress of legal proceedings</h2><p> The class action lawsuit was originally filed in April 2025 against several meme coins, including M3M3, LIBRA, ENRON, and TRUST. On Tuesday, the plaintiff updated the lawsuit to formally include the MELANIA token <a href="https://cn.cointelegraph.com/flash-news/15178846">in</a> the fraud allegations.</p><p> <strong>Litigation timeline</strong> :</p><ul><li> <strong>April 2025</strong> : Initial lawsuit filed, involving multiple meme coin projects</li><li> <strong>October 22, 2025</strong> : Litigation Update, Officially Including MELANIA Tokens</li><li> <strong>Current Status</strong> : Class action lawsuit in progress, awaiting further court review</li></ul><h2> Risk Assessment and Impact</h2><p> This lawsuit serves as a warning to the entire meme coin market, particularly those leveraging celebrity marketing. <a href="https://finance.yahoo.com/news/melania-trump-javier-milei-used-225103363.html">Yahoo</a> investors should be wary of the risks of sentiment-driven cryptocurrency investments, including extreme volatility, a lack of regulation, and potential fraud.</p><p> <strong>Key risk factors</strong> :</p><ul><li> <strong>Legal risks</strong> : Ongoing litigation could lead to further regulatory scrutiny</li><li> <strong>Market risk</strong> : Negative news has caused the token price to drop significantly</li><li> <strong>Reputational risk</strong> : The involvement of high-profile individuals increases market attention and regulatory pressure.</li></ul><p> The final outcome of this case will have a significant impact on future celebrity-endorsed cryptocurrency projects and may promote further improvements to relevant regulatory policies.</p>
