Gate.io News bot message, a federal court in California dismissed a class-action lawsuit against Caitlyn Jenner and her partner Sophia Hutchins. British investors stated in the lawsuit that they suffered losses exceeding $40,000 due to holding JENNER Meme coin.
The judge noted in the ruling that the plaintiff failed to provide sufficient evidence to prove that the transaction is governed by U.S. law, but granted the plaintiff a deadline until May 23 to submit additional evidence. Court documents show that the plaintiff accuses the Jenner team of issuing a token with the same name on the Solana and Ethereum blockchains, which led to a drop in the token’s price, while also promoting a pet coin called BBARK. According to Decrypt, this incident is linked to the operator Sahil Arora.
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