A California federal judge ruled that Caitlyn Jenner’s JENNER memecoin does not qualify as a security under the Howey Test, citing the absence of a “common enterprise.” The decision could shape future legal disputes over celebrity-backed memecoins.
A California federal judge ruled that Caitlyn Jenner’s JENNER memecoin does not qualify as a security, finding no “common enterprise” under the Howey Test. The decision weakens federal securities claims tied to investor losses exceeding $40,000.
A California federal judge ruled that Caitlyn Jenner’s JENNER memecoin is not a security, finding no “common enterprise” under the Howey Test. The decision weakens key federal claims in a class action and may influence future celebrity memecoin litigation.
Anonymous X commentator @DeepDishEnjoyer, known as “peepeepoopoo,” went viral after criticizing copycat meme coins using their persona. The episode highlights pump.fun’s low-friction token creation model and the growing risks of persona-driven speculation and scams.
Anonymous X commentator @DeepDishEnjoyer went viral after criticizing copycat meme coins created around their online persona. The episode highlights how pump.fun’s low-cost token creation model fuels persona-based speculation, confusion, and scam risks in the Solana meme coin ecosystem.
Sahil Arora allegedly used a wallet tied to Caitlyn Jenner’s meme coin launch to deploy BROCCOLI on Solana. The token briefly hit a $9.57 billion market cap before coordinated wallet sales triggered a sharp collapse, highlighting meme coin liquidity and concentration risks.
Sahil Arora is accused of launching and rug pulling the Solana meme coin BROCCOLI using a wallet tied to Caitlyn Jenner’s previous token. The token briefly hit a $9.57 billion market cap before collapsing over 99%, exposing the risks of meme coin speculation and concentrated supply.
Sahil Arora launched a Broccoli token on Solana using the same wallet that created the Caitlyn Jenner coin, driving market cap to $9.5 billion before dumping 79% supply. He claims $6.5 million profit, but on-chain data shows ~$3.3 million in sales. The token has since collapsed to $96k market cap.
