The American law firm Burwick Law has filed a class action lawsuit against the parties related to the M3M3 token, accusing them of fraud.

According to Wu, the American law firms Burwick Law and Hoppin Grinsell are representing investors in a class action lawsuit filed in the Southern District of New York federal court against Ben Chow (founder of Meteora), Meteora, Hayden Davis, Gideon Davis (executives at Kelsier Ventures), CT Davis (executive at Kelsier Ventures), and Kelsier. The complaint alleges that the defendants engaged in fraud, securities fraud, and other illegal activities during the launch of the cryptocurrency token M3M3.