September 28, 2022
Investors in a "Let's Go Brandon"-inspired cryptocurrency and their attorneys have temporarily avoided sanctions for an allegedly frivolous lawsuit filed against coin promoter James Koutoulas, with a Florida federal judge ruling the investors should first be allowed to back up their claims.
July 11, 2022
Two individuals who purchased "meme tokens" called LGBcoin, short for "Let's go Brandon," must rewrite their fraud claims about the coin to make them clearer if they want to see their suit go forward, a Florida federal judge in Orlando has decided.
July 06, 2022
NASCAR driver Brandon Brown and his racing company have asked an Orlando federal judge to toss a suit alleging they played a role in a cryptocurrency fraud scheme after their associates parlayed a viral moment into the launch of a "meme coin."
May 17, 2022
The creator of digital assets known as "Let's Go Brandon meme tokens," named for a phrase that went viral among detractors of President Joe Biden, filed a motion Tuesday to permanently dismiss a proposed class action accusing the project of manipulating investors, arguing the suit wasn't properly served and the plaintiff's own statements contradict his allegations.
April 04, 2022
An investor has sued the creators of a "meme coin" digital asset, claiming the company manipulated investors by touting a NASCAR sponsorship that never fully materialized and seeking out promotion from politically conservative public figures.