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Caitlyn Jenner, the American media personality and Olympic gold medalist, is facing legal action from a group of investors who allege that her promotion and sale of the $JENNER memecoin violated securities laws. The lawsuit claims that Jenner made misleading statements regarding the token, which has raised questions about whether memecoins should be classified as securities. This legal challenge highlights ongoing regulatory scrutiny in the cryptocurrency market, particularly concerning the promotion of digital assets by public figures.
