Investors Sue Caitlyn Jenner Over Failed Memecoin Venture, Alleging Fraud and Securities Violations
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Nov 14 2024Class-Action Lawsuit Against Caitlyn Jenner: Two investors have filed a class-action lawsuit against Caitlyn Jenner, alleging that she promoted an unregistered cryptocurrency, JENNER, leading to significant financial losses due to misleading marketing and lack of transparency.
Allegations of Fraud and Market Manipulation: The lawsuit claims Jenner violated securities laws by failing to register the token with the SEC, misrepresenting its value, and manipulating investor expectations, while profiting from undisclosed personal holdings.
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.
