Mark Longo, the owner of Peanut the Squirrel, has threatened to sue PNUT token holders for copyright infringement and has launched his own meme coin called JUSTICE. Longo accused the PNUT community of profiting off his pet's story and expressed frustration over not being compensated. The controversy stems from the euthanasia of Peanut and a raccoon named Fred, which sparked public outcry. The PNUT token initially surged in price but has since declined, leading to critics speculating it may be a pump-and-dump scheme. Longo aims to assert control over his narrative and distance himself from the PNUT community with the launch of JUSTICE, which has experienced significant price growth.
- Content Editor ( crypto.news )
- 2024-11-25
Owner of Instagram-famous squirrel slams PNUT holders, launches new meme coin