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Meme Coin Takeover Teams Face Potential Legal Issues, Including Misleading Marketing and Intellectual Property Infringement

The rise of meme coins in 2024 has been driven by community takeovers, where early investors take control of projects like Billy and Gigachad. However, legal experts warn that these community takeover teams could face legal issues, such as misleading marketing and fraud. They may also infringe on intellectual property rights if they use the original developer's branding without permission.
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