Caitlyn Jenner Wins $JENNER Memecoin Lawsuit as Federal Court Rules Token Is Not a Security

TLDR: A California federal court dismissed all Securities Act claims against Caitlyn Jenner over the $JENNER memecoin on April 16, 2026. The court ruled the $JENNER Ethereum token failed the Howey test due to lack of horizontal and vertical commonality among investors. Jenner’s 3% transaction tax gave her independent income regardless of investor losses, defeating [...]

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