Caitlyn Jenner faces lawsuit from JENNER memecoin buyers
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Nov 14 2024Lawsuit Against Caitlyn Jenner: A proposed class-action lawsuit has been filed against Caitlyn Jenner and her manager, accusing them of selling the JENNER memecoin as an unregistered security, leading to significant financial losses for investors who claim they were misled.
Token Value Decline: The JENNER token, launched on Solana and later on Ethereum, has drastically lost value since its inception, with trading volumes plummeting and allegations that Jenner failed to disclose critical information about the token's risks and her own financial benefits from it.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
