🚨 Iggy Azalea hit with class action lawsuit over $MOTHER

Investors claim the token was promoted with promises of real utility. According to the lawsuit, many of promised integrations were never fully launched.

∙ token was launched in May 2024

∙ reached $136M+ market cap within a month

∙ now sits around $1.3M

That’s a 99%+ collapse.

The case was filed in Manhattan federal court, with investors seeking compensation for losses.

And honestly, was there ever another likely outcome for celebrity memecoins?

#Trading #Meme #scam