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A California federal judge has dismissed a class-action lawsuit against Caitlyn Jenner over her meme coin, ruling the plaintiff failed to prove U.S. jurisdiction. The case alleged securities fraud and misleading investor practices but lacked sufficient evidence tying the transactions to U.S. law.
- Judge dismissed the lawsuit due to insufficient evidence linking token purchases to U.S. jurisdiction.
- Plaintiff alleged Jenner misled investors by launching identical tokens on Solana and Ethereum.
- Jenner and Hutchins face potential refiling of the lawsuit if plaintiff provides stronger jurisdictional proof.
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