Caitlyn Jenner Sued for $JENNER Meme Coin Collapse
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Caitlyn Jenner is facing a new class action lawsuit over its $JENNER coin…with investors claiming they were burned in a celebrity-fueled crypto cash grab.
According to the explosive 97-page dossier obtained by TMZ, a man named Lee Greenfield says Jenner and his manager, Sophie Hutchinsorchestrated a crypto pump and dump after creating a pair of tokens – promising the project was a long-term play while encouraging fans to buy in.
The suit claims Jenner repeatedly told her followers that she was “solely focused” on the play and shouted slogans such as “We’re sending this play to the moon!!!” and even linked the token to Donald Trump and MAGA messaging to attract buyers. The filing includes a bunch of screenshots of Jenner’s tweets and promotional posts.
But Greenfield says everything quickly went off the rails, claiming Jenner abruptly pivoted to promoting another crypto coin called $BBARK just days after its launch, causing the original $JENNER token to crater by about 75%.
Lawsuit says crypto project began to collapse after promoter Sahil Arora – who allegedly helped launch the coin – was accused of withdrawing money from the operation and causing its value to fall. According to the filing, Jenner then called him a scammer online…but still continued to promote other versions of the piece.
Investors claim Jenner kept telling buyers the coin was the real deal and was about to explode… while people behind the scenes were allegedly making money from fees and token sales. Greenfield says he lost more than $40,000 after purchasing the part.
The lawsuit essentially claims that Jenner misled investors into buying the crypto coins… and now the investors want their money back, along with additional damages.
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