U.S. District Judge Jennifer L. Rochon dismissed with prejudice a class action against Kelsier Ventures, Meteora and its former CEO Benjamin Chow over the LIBRA and M3M3 memecoin launches. A Sept. 29 opinion found that plaintiffs had not established the continuity required for their RICO claims, while allegations against Chow did not adequately show fraudulent intent and Meteora was not sufficiently pleaded as a suable legal entity. Rochon denied plaintiffs Omar Hurlock and Anuj Mehta permission to file another amended complaint adding MELANIA, ENRON and TRUST, and ordered the Southern District of New York case closed. The ruling addressed pleading and jurisdiction rather than establishing that every alleged act was lawful. It does not end separate proceedings in Argentina, where authorities have continued examining funds linked to LIBRA and in August 2026 ordered 25 crypto wallets frozen. The U.S. litigation also previously involved a temporary freeze of roughly $57 million in USDC.