CryptoBearishBeInCrypto · Mar 47/104
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Japan’s “Sanae Token” Scandal Tests Legal Limits of Political Memecoins
Japanese Prime Minister Sanae Takaichi publicly disavowed a cryptocurrency created using her name and likeness, causing the token to crash 58% within hours. Regulators have launched an investigation into the token issuer, highlighting ongoing legal challenges surrounding unauthorized political memecoins that have harmed retail investors globally.