Legal Heat for TRUMP Memecoin: WLFI Fires Cease-and-Desist at Creators
Another day, another memecoin drama—this time with lawyers involved. The Wyoming Limited Fiduciary Institute (WLFI) just dropped a cease-and-desist bomb on the anonymous team behind the TRUMP-themed token. No surprise here—when hype meets unregulated crypto, someone eventually calls in the legal cavalry.
Details are scarce, but the move signals regulators are done playing whack-a-mole with joke tokens. Will this chill the memecoin frenzy? Unlikely—since when has legal risk stopped crypto degens chasing the next 100x?
Bonus jab: At least the lawyers are getting their cut of the 'financial innovation' this time.