Caitlyn Jenner escapes memecoin lawsuit as judge says token not a security

Caitlyn Jenner escapes memecoin lawsuit as judge says token not a security

3.95%TRX$0.3275 0.22%LINK$9.22 3.52%ADA$0.2481 3.53%BCH$444.92 2.04%XRP$1.42 2.63%ETH$2,340 2.69%BTC$75,539 1.92%XMR$353.03 1.91%BNB$623.33 2.75%XLM$0.1709 2.11%SOL$85.61 3.11%HYPE$43.37 4.16%USD Written by Jesse Coghlan,Staff EditorReviewed by Jesse Coghlan,Staff EditorCaitlyn Jenner escapes memecoin lawsuit as judge says token not a security48 minutes agoA federal judge has tossed a class lawsuit over Caitlyn Jenner’s memecoin, saying it did not plausibly allege that the token was an unregistered security. US media personality and former Olympian Caitlyn Jenner has escaped a class-action lawsuit after a federal judge ruled her memecoin was not a security under US law. California federal judge Stanley Blumenfeld Jr. wrote in an order on Thursday that the lawsuit failed to plausibly plead that Caitlyn Jenner (JENNER) tokens were investment contracts, as they didn’t pool investor money or

Source: https://cointelegraph.com/news/caitlyn-jenner-escapes-memecoin-lawsuit-judge-says-token-not-security?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound