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MELANIA Token Issuer Meteora Executive Accused by Investors
BlockBeats News, October 22nd, according to court documents, former First Lady Melania Trump's January-launched Meme coin MELANIA's issuer Meteora's executives have been sued, accused of organizing the token issuance knowing it would experience a sharp drop. On January 19th, the day before Trump's inauguration as President of the United States, the Meme coin MELANIA was issued at a few cents per coin, subsequently skyrocketing to $13.73, currently trading at less than one percent of its peak price.
Investors accuse the executives of the Meme coin MELANIA's initial issuance platform Meteora of orchestrating a scheme to dump and profit massively while causing a price crash. According to a survey published last week by the Financial Times, the Trump family has made over $1 billion in pre-tax profits in the past 12 months through various cryptocurrency-related products and companies. In the latest filings in the Southern District of New York court, the plaintiffs stated that they do not believe First Lady Melania is "guilty," but they accuse the cryptocurrency company of using her and other public figures as a "front" for their crimes. Meteora has not yet responded to requests for comment.
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WEEX P2P update: Country/region restrictions for ad posting
To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.
I. Overview
When publishing P2P ads, advertisers can now set the following:
Allow only counterparties from selected countries or regions to trade with your ads.
With this feature, you can:
Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.
II. Applicable scenarios
The following are some common scenarios:
Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.
III. How to get started
On the ad posting page, find "Trading requirements":
Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.
When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:
If you encounter this issue when placing an order as a regular user, try the following solutions.
Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.
IV. Benefits
Compared with ads without country/region restrictions, this feature provides the following improvements.
Aspect
Improvement
Trading security
Reduces abnormal orders and fraud risk
Conversion efficiency
Matches ads with more relevant users
Order completion rate
Reduces failures caused by incompatible payment methods
V. FAQ
Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.
Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.
Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.
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