First Lady Melania Trump was allegedly used as “window dressing” in a multi-million-dollar memecoin scheme that deceived investors and enriched its crypto creators, according to a lawsuit filed in federal court.

The suit involves the $Melania coin, which the 55-year-old First Lady promoted to her social media on the eve of President Donald Trump’s inauguration in January, writing, “The Official Melania Meme is live! You can buy $MELANIA now.”

Many of Trump’s supporters purchased the coin, pushing it to trade at an all-time high price of $13.73 apiece. $Melania was trading at less than 10 cents per coin by Wednesday—a staggering crash in value.

Investors in the coin filed a federal class action lawsuit in April against Benjamin Chow, co-founder of crypto exchange Meteora, and Hayden Dav

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