Trump advisor Epshteyn and others sued by investors for promoting the Meme coin "Let's Go Brandon"

MEME-2,47%

Odaily Planet Daily News: Trump advisor Epshteyn and others have been sued collectively by investors for promoting the Meme coin “Let’s Go Brandon.” The lawsuit was reportedly filed in the U.S. District Court for the District of Columbia, accusing the individuals of knowingly engaging in false advertising while promoting the Meme coin, claiming it was decentralized. In reality, operators can control the smart contract, governance, and transactions, including freezing accounts. (The Block)

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

The UK government releases anti-fraud strategic document, listing cryptocurrencies as a "growing risk"

Gate News Update: On March 11, the UK Home Office released the Fraud Prevention Strategy Policy Document for 2026 to 2029, listing cryptocurrency as a "growing risk." The document states that scams on social media and messaging apps are inducing victims to transfer funds through emerging payment methods such as cryptocurrencies, and authorities still have weaknesses in combating such fraud. The country's National Crime Agency launched a nationwide campaign in 2025 to help consumers identify scams, and the government is supporting law enforcement agencies (including the Serious Fraud Office) to enhance their investigation capabilities into crypto assets.

GateNews38m ago

A certain CEX violates anti-money laundering regulations and faces suspension of new customer services.

The Korea Financial Intelligence Unit has imposed sanctions on a certain cryptocurrency exchange for allowing users to transfer funds to unregistered overseas platforms and failing to implement KYC procedures, potentially facing a 6-month suspension of new customer services. The exchange previously lost $40 billion worth of Bitcoin due to operational errors and is now also under investigation for advertising regulation violations.

GateNews51m ago

The Supreme Court calls for "Legal Response to Cryptocurrency": Releases 3 Major Signals!

By 2026, the Supreme Court will incorporate cryptocurrencies into the judicial system, marking a shift from criminal offenses to civil and commercial regulations. Through changes in case types and judgment logic, digital assets will gain legal status, with more precise rulings and diversified remedies, better protecting the rights and interests of those harmed. This trend guides the market toward rationality and increases the cost of violations. Although the journey is long, the judicial attitude towards cryptocurrencies has been preliminarily established.

PANews1h ago

Sun Yuchen: The US SEC's case against him and the Tron and BitTorrent Foundation has officially concluded, with all charges dismissed.

Gate News Announcement, March 11, Sun Yuchen announced that the case brought by the U.S. Securities and Exchange Commission (SEC) against himself, the TRON Foundation, and the BitTorrent Foundation was officially concluded yesterday (March 10). The judge approved and signed the final judgment, dismissing all charges against the three parties, and the SEC is barred from filing another lawsuit on this matter. The case is now closed.

GateNews1h ago

The U.S. Department of Justice will re-examine the case of Tornado Cash co-founder Roman Storm this fall.

Gate News Report: On March 11, the U.S. Department of Justice has decided to reopen the case against Tornado Cash co-founder Roman Storm this fall. Previously, the prosecution failed to persuade the jury to reach a conviction in the initial trial. The U.S. Attorney's Office for the Southern District of New York will continue to pursue charges 1 and 3 in the indictment, focusing on third-party developer liability and blockchain-related evidence.

GateNews1h ago

Kalshi loses lawsuit against Ohio sports betting case, CFTC federal jurisdiction argument rejected by court

The Federal Court of Ohio dismissed Kalshi's injunction request, ruling that the CFTC's exclusive jurisdiction over sports event contracts and the federal law preemption argument are both unsubstantiated, and noting that the CFTC's inaction does not prove that the contracts are federally regulated. Kalshi expressed disagreement with the ruling and will appeal. This decision strengthens state-level regulation of prediction markets and could impact the future legal framework of the industry.

MarketWhisper1h ago
Comment
0/400
No comments