Regulations

Story: Judge Tosses Caitlyn Jenner Memecoin Suit, Says Token Isn’t a Security

By Evie Vavasseur

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What the Court Actually Said. The ruling turns on how you define a security. Plaintiffs tried to argue Jenner's memecoin fit the…

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What This Means for Other Cases. This ruling could change things. A lot.

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Caitlyn Jenner just won big. A federal judge tossed the class-action lawsuit against her over a memecoin she promoted, ruling the token doesn't count as an unregistered security…

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The lawsuit went after Jenner for pushing a memecoin without registering it as a security. Plaintiffs said she marketed the thing like an investment, basically promising people…

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The ruling turns on how you define a security. Plaintiffs tried to argue Jenner's memecoin fit the bill because of how it was marketed—promises of future profits, investment…

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Memecoins have been a wild ride. They're speculative, they're volatile, and they've made some people rich while others lost their shirts. Jenner's token was no different.

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The classification of tokens as securities has been messy for years. Regulators and courts can't seem to agree on where the line is, and that's left a ton of gray area for people…

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But it's not like this settles everything. Each token is different, and courts will probably keep looking at the specific facts of each case.

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Related: Judge Tosses Security Claims Against Jenner Memecoin in Class Action Blow

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Legal experts have been watching cases like this closely. The crypto market moves fast, and the law moves slow. There's a gap there, and it creates uncertainty.

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The decision may give some breathing room to other celebrities and influencers who've promoted tokens.

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Regulatory bodies are still trying to figure out how to handle memecoins and other digital assets.

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What happens next? Unclear. Jenner and her legal team haven't said anything publicly since the ruling came down. Neither have the plaintiffs.

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See also: AndX Taps BitGo Infrastructure to Launch Nationwide US Crypto Exchange

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The memecoin space is still pretty wild. New tokens launch every day, some with real projects behind them, others just riding hype.

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