Meteora AG, a cryptocurrency firm associated with meme coins linked to Donald Trump and Melania Trump, is facing scrutiny following the resignation of its co-founder, Ben Chow. Chow's resignation was announced by fellow co-founder @weremeow and cited a 'lack of judgment.' The situation escalated as allegations emerged regarding a memecoin extraction scheme exceeding $200 million, implicating Meteora AG, Kelsier Ventures, and others. The developments have raised concerns about the firm's operations and its ties to the controversial Kelsier pump-and-dump schemes.