Jupiter Co-Founder Outlines Investigation Plan Amid Libra Scandal

In a recent statement posted on X, Meow, co-founder of Meteora and Jupiter, announced that the companies will hire Fenwick & West, one of the most reputable law firms in the world, to conduct an independent investigation into allegations of financial misconduct.Meow began by firmly rejecting claims of insider trading, financial misconduct, or the inappropriate receipt of tokens by individuals at either Jupiter or Meteora. "Firstly, I’d like to reiterate my confidence that no one at Jupiter or Meteora committed any insider trading or financial wrongdoing, or received any tokens inappropriately," Meow stated, aiming to quell any growing concerns within the community.Further solidifying his position, Meow shared that an independent investigation would be conducted by Fenwick & West, a prestigious law firm with a reputation for thoroughness and impartiality. "We are hiring an independent third party to investigate and issue a report which they will publish independently," he assured followers.In addition to addressing financial matters, Meow took the opportunity to commend Ben, who had been running Meteora independently for over a year. Meow expressed complete trust in Ben's character, stating, "While I am 100% confident about Ben’s character, as a project lead he has also shown a lack of judgement and care about some of the core aspects of the project."As a result, Ben has made the decision to resign from his position at Meteora. "Ben has been an extremely helpful and kind participant in the ecosystem for a while now," Meow added, urging the community to support Ben during this difficult time.