{"id":115892,"date":"2025-04-21T13:10:47","date_gmt":"2025-04-21T21:10:47","guid":{"rendered":"https:\/\/xira.com\/p\/?p=115892"},"modified":"2025-04-21T13:10:47","modified_gmt":"2025-04-21T21:10:47","slug":"investors-sue-meteora-for-over-69-million-meme-token-meltdown","status":"publish","type":"post","link":"https:\/\/xira.com\/p\/2025\/04\/21\/investors-sue-meteora-for-over-69-million-meme-token-meltdown\/","title":{"rendered":"Investors Sue Meteora for Over $69 Million Meme Token Meltdown"},"content":{"rendered":"<p>\u201cThe complaint asks the court to classify stake%E2%80%91based meme tokens as securities and to appoint a receiver over Meteora, steps that could influence how any new celebrity or political token is brought to market on Solana,  said Max Burwick of Burwick\u00a0Law.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" align=\"left\" border=\"0\" height=\"1\" width=\"1\" alt=\"\" hspace=\"0\" src=\"https:\/\/feeds.feedblitz.com\/~\/i\/917073305\/0\/law\/legal-news\" title=\"\"><\/p>\n<div><a title=\"Add to FaceBook\" href=\"https:\/\/feeds.feedblitz.com\/_\/2\/917073305\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img data-recalc-dims=\"1\" width=\"1080\" decoding=\"async\" height=\"20\" src=\"https:\/\/i0.wp.com\/assets.feedblitz.com\/i\/fbshare20.png?fit=1080%2C20&#038;ssl=1\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Like on Facebook\" href=\"https:\/\/feeds.feedblitz.com\/_\/28\/917073305\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img data-recalc-dims=\"1\" width=\"1080\" decoding=\"async\" height=\"20\" src=\"https:\/\/i0.wp.com\/assets.feedblitz.com\/i\/fblike20.png?fit=1080%2C20&#038;ssl=1\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Pin it!\" href=\"https:\/\/feeds.feedblitz.com\/_\/29\/917073305\/law\/legal-news,\" rel=\"nofollow noopener\" target=\"_blank\"><img data-recalc-dims=\"1\" width=\"1080\" decoding=\"async\" height=\"20\" src=\"https:\/\/i0.wp.com\/assets.feedblitz.com\/i\/pinterest20.png?fit=1080%2C20&#038;ssl=1\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Stumble This\" href=\"https:\/\/feeds.feedblitz.com\/_\/12\/917073305\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img data-recalc-dims=\"1\" width=\"1080\" decoding=\"async\" height=\"20\" src=\"https:\/\/i0.wp.com\/assets.feedblitz.com\/i\/stumble20.png?fit=1080%2C20&#038;ssl=1\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Post to X.com\" href=\"https:\/\/feeds.feedblitz.com\/_\/24\/917073305\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img data-recalc-dims=\"1\" width=\"1080\" decoding=\"async\" height=\"20\" src=\"https:\/\/i0.wp.com\/assets.feedblitz.com\/i\/x.png?fit=1080%2C20&#038;ssl=1\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Subscribe by RSS\" href=\"https:\/\/feeds.feedblitz.com\/_\/20\/917073305\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img data-recalc-dims=\"1\" width=\"1080\" decoding=\"async\" height=\"20\" src=\"https:\/\/i0.wp.com\/assets.feedblitz.com\/i\/rss20.png?fit=1080%2C20&#038;ssl=1\" alt=\"\" title=\"\"><\/a>\u00a0\u00a0<\/div>\n<p>\u201cThe complaint asks the court to classify stake%E2%80%91based meme tokens as securities and to appoint a receiver over Meteora, steps that could influence how any new celebrity or political token is brought to market on Solana,  said Max Burwick of Burwick\u00a0Law.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" align=\"left\" border=\"0\" height=\"1\" width=\"1\" alt=\"\" hspace=\"0\" src=\"https:\/\/feeds.feedblitz.com\/~\/i\/917073305\/0\/law\/legal-news\" title=\"\"><\/p>\n<div><a title=\"Add to FaceBook\" href=\"https:\/\/feeds.feedblitz.com\/_\/2\/917073305\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img data-recalc-dims=\"1\" width=\"1080\" decoding=\"async\" height=\"20\" src=\"https:\/\/i0.wp.com\/assets.feedblitz.com\/i\/fbshare20.png?fit=1080%2C20&#038;ssl=1\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Like on Facebook\" href=\"https:\/\/feeds.feedblitz.com\/_\/28\/917073305\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img data-recalc-dims=\"1\" width=\"1080\" decoding=\"async\" height=\"20\" src=\"https:\/\/i0.wp.com\/assets.feedblitz.com\/i\/fblike20.png?fit=1080%2C20&#038;ssl=1\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Pin it!\" href=\"https:\/\/feeds.feedblitz.com\/_\/29\/917073305\/law\/legal-news,\" rel=\"nofollow noopener\" target=\"_blank\"><img data-recalc-dims=\"1\" width=\"1080\" decoding=\"async\" height=\"20\" src=\"https:\/\/i0.wp.com\/assets.feedblitz.com\/i\/pinterest20.png?fit=1080%2C20&#038;ssl=1\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Stumble This\" href=\"https:\/\/feeds.feedblitz.com\/_\/12\/917073305\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img data-recalc-dims=\"1\" width=\"1080\" decoding=\"async\" height=\"20\" src=\"https:\/\/i0.wp.com\/assets.feedblitz.com\/i\/stumble20.png?fit=1080%2C20&#038;ssl=1\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Post to X.com\" href=\"https:\/\/feeds.feedblitz.com\/_\/24\/917073305\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img data-recalc-dims=\"1\" width=\"1080\" decoding=\"async\" height=\"20\" src=\"https:\/\/i0.wp.com\/assets.feedblitz.com\/i\/x.png?fit=1080%2C20&#038;ssl=1\" alt=\"\" title=\"\"><\/a>\u00a0<a title=\"Subscribe by RSS\" href=\"https:\/\/feeds.feedblitz.com\/_\/20\/917073305\/law\/legal-news\" rel=\"nofollow noopener\" target=\"_blank\"><img data-recalc-dims=\"1\" width=\"1080\" decoding=\"async\" height=\"20\" src=\"https:\/\/i0.wp.com\/assets.feedblitz.com\/i\/rss20.png?fit=1080%2C20&#038;ssl=1\" alt=\"\" title=\"\"><\/a>\u00a0\u00a0<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u201cThe complaint asks the court to classify stake%E2%80%91based meme tokens as securities and to appoint a receiver over Meteora, steps that could influence how any new celebrity or political token is brought to market on Solana, said Max Burwick of Burwick\u00a0Law. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u201cThe complaint asks the court to classify stake%E2%80%91based meme tokens as securities and [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":115893,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[23],"tags":[],"class_list":["post-115892","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-law-com"],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/xira.com\/p\/wp-content\/uploads\/2025\/04\/legal-news-8HiT4l.jpeg?fit=768%2C633&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/115892","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/comments?post=115892"}],"version-history":[{"count":1,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/115892\/revisions"}],"predecessor-version":[{"id":115911,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/posts\/115892\/revisions\/115911"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media\/115893"}],"wp:attachment":[{"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/media?parent=115892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/categories?post=115892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/xira.com\/p\/wp-json\/wp\/v2\/tags?post=115892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}