Buyers sued Caitlyn Jenner in 2024 after losing thousands on her $JENNER token, claiming it was an unregistered security. A federal judge disagreed, ruling that hyping a token with your fame doesn't make it a security if no investor funds were pooled. Case dismissed.
Legally, you could launch a memecoin, pump it and dump it, as long as you call it "entertainment." 👇
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