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A judge dismissed a lawsuit against Caitlyn Jenner over her memecoin, but plaintiffs plan to amend and refile. The case alleges securities fraud but was deemed insufficiently supported. The legal battle highlights regulatory scrutiny in the crypto space.
- Judge dismissed the lawsuit for lacking sufficient evidence on securities and fraud claims.
- Plaintiffs have until May 23 to refile an amended, more focused complaint.
- Case highlights increasing legal risks for celebrity-endorsed crypto projects.
📎 Related coverage from: cointelegraph.com