In a jaw-dropping turn of events, a California court has tossed out a blockbuster lawsuit against Caitlyn Jenner and her partner Sophia Hutchins, leaving a British investor out in the cold. The plaintiff? Lee Greenfield, a UK-based crypto enthusiast who says he lost over $40,000 betting on a meme coin tied to Jenner. But the judge slammed the brakes on his claims, and this crypto saga is heating up fast.
The Lawsuit That Didn’t Stick
According to PANews, U.S. District Judge Stanley Blumenfeld Jr. ruled that Greenfield’s case didn’t hold water—at least not yet. Greenfield accused Jenner and Hutchins of breaking securities laws, pointing to a chaotic coin launch that left his wallet $40,000 lighter between May and July 2024. The judge’s verdict? Greenfield couldn’t prove the token trades fell under U.S. jurisdiction. He’s got until May 23 to bring better evidence, or it’s game over.
A Crypto Conspiracy Unraveled:
So, what’s the beef? Greenfield claims Jenner’s team played a sneaky game. First, they rolled out the JENNER token on the Solana blockchain. Then, just two days later, they dropped a second JENNER token on Ethereum, sending the original’s value into a nosedive. As if that wasn’t wild enough, they were also pushing a pet-themed token called BBARK on the side. The kicker? Jenner’s crew allegedly cashed in with a 3% fee on every Ethereum JENNER trade, raking in profits while investors like Greenfield took the hit.
Not Jenner’s First Crypto Rodeo
If this sounds like déjà vu, it’s because Caitlyn Jenner’s no stranger to meme coin mayhem. She’s previously been linked to a controversy involving tokens managed by Sahil Arora, making this latest drama another chapter in her crypto chronicles.
What’s Next for This Meme Coin Mess?
Will Greenfield dig up the proof he needs to take Jenner back to court? Or has Caitlyn dodged this bullet for good? One thing’s for sure—this tale of tokens, trades, and courtroom twists is peak crypto chaos. Stay tuned for the next drop! $DOGE
