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this is going to be fun https://t.co/q7Ti7CkCUX
Will have a full analysis of this in a bit This coin is from 2021 and involved an immense amount of shady things (including partnering with multiple individuals and entities already charged with fraud and/or other violations) Or maybe everyone on Solana is going to prison.… https://t.co/uTjdAwykZl
The timeline is about to get so much weirder lmao https://t.co/WPoDzxObcX
The U.S. Securities and Exchange Commission (SEC) has charged an individual for launching the memecoin Saitama Inu, according to a recent SEC filing. The coin, which was introduced in 2021, has been involved in an immense amount of shady things, including partnerships with individuals and entities already charged with fraud or other violations. This move is part of a broader SEC crackdown on the memecoin market, following recent actions against firms involved in memecoin market making.