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Mark Longo, caretaker of the late Peanut the Squirrel, has issued a cease-and-desist order to Binance for listing the PNUT meme coin without authorization, claiming infringement of his intellectual property rights. The letter alleges violations of U.S. copyright and trademark laws, demanding Binance halt all infringing activities by December 31, 2024. In response to the surge of Peanut-themed meme coins, Longo launched his own token, "Justice for Peanut and Fred," but its value has since plummeted by over 95%.
Phillip Banks
People
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Binance faces legal action over unauthorized listing of PNUT meme coin
13:19 16.12.2024
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