The SEC late Thursday ruled that meme coins, are collectibles ... following reports last week that crypto exchange Bybit suffered a $1.5 billion ethereum hack after a planned transfer was manipulated.
On February 27, 2025, the Securities and Exchange Commission (the “SEC”) issued a statement to provide clarity on the application of ...
Based on these descriptions, it is likely that some of the most popular meme coins (Dogecoin, Shiba Inu, Pepe, as well as the Official Trump and Official Melania coins) would be considered outside of ...
As a result, the SEC says it does not believe people who purchase or hold meme coins are protected by federal securities law and that people "who participate in the offer and sale of meme coins do ...
Dogecoin price trades down by 6% on Friday, and Solana meme coins wipe 9% from market capitalization, following SEC guidance ... on Friday and the recent Bybit hack, amounting to $1.4 billion.