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Iggy Azalea Faces Class Action Over MOTHER Meme Coin

2026-05-07 16:13:37

Iggy Azalea faces a federal class action over MOTHER after the Solana meme coin fell more than 99% from its peak. The complaint says Azalea marketed MOTHER with utility promises tied to a casino, telecom service, and marketplace that did not materialize. The filing also questions whether investors were fully informed about the roles of Wintermute and DWF Labs.

SOL-0.8%

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