$Jenner
+31.45%
https://t.co/GSSyEXNIrW I have been named as a defendant in a lawsuit related to the $Jenner memecoins, alleging “securities” violations.  The lawsuit, which is meritless, has broad implications for the crypto community at large.  While we have seen progress at the SEC, private plaintiffs are now trying to put a square peg in a round hole by claiming that memecoins are “unregistered securities.”  The case is the tip of the spear, and I am vigorously defending myself.  A motion to dismiss the case, filed by my attorneys at Winston & Strawn, explaining many of the reasons the case failsis attached. Unfortunately, fighting against such claims is very expensive and time consuming.  Given the larger implications of the case, I have set up a legal defense fund and I ask that the community please support us.  Lawsuits like this are not the way to grow crypto.  Fight. Fight. Fight.
From X

Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.