Why Meme Coins Could Create a Legal Minefield for Celebrities
With over 500,000 tokens launched in May alone, there’s been a massive surge in the volume of meme coin offerings. Thanks in part to sites like Pump.fun, anyone can now easily spin up a token symbol, upload an image, and launch a meme coin. And thanks to social media and trading bots, it’s also easier than ever for meme coins to go viral and make massive profits. Given all of that, it is not at all surprising that we are now seeing a renewed wave of celebrities jumping into the crypto space with...
