Two men behind a range of cryptocurrencies promoted by the likes of First Lady Melania Trump and Argentine President Javier Milei have been accused of engaging in fraud and exploiting "celebrity association and borrowed fame' to sell legitimacy to unsuspecting investors," according to a new legal filing. A federal class action lawsuit was first brought against Benjamin Chow and Hayden Davis, co-founders of the crypto exchange Meteora and the venture capital firm Kelsier Labs, respectively, in April this year, reports Wired. The duo was initially accused of a multimillion-dollar scam involving a single memecoin, $M3M3, but an amended complaint from the same plaintiffs later expanded the allegations to include racketeering practices, accusing them of rigging the market to benefit $LIBRA, a coin promoted by Milei, which plummeted in value soon after launch.