NFT News Daily Offcial TheBitTimes.com

Internet users claim the CHILLGUY meme coin is plagiarized from Thailand’s booklet character RELAXBOY, causing its price to tank by 14%. Doge-themed meme coin CHILLGUY tanked by around 14% within a day following claims of plagiarism. After weeks of being among the top discussed meme coins in the crypto industry, CHILLGUY is facing accusations of copying Thailand’s RELAXBOY character. CHILLGUY Meme Coin Under Scrutiny: Possible Plagiarism from Thailand “Just a Chill Guy” meme coin has been controversial for some time. In October 2023, the coin gained attention on social media, with Philip Banks claiming to be its creator. Banks rejected using his artwork for brand promotions, issuing legal threats on X. Recently, a Reddit post revealed new details and accusations of plagiarism, further fueling the controversy surrounding CHILLGUY. The "Just a Chill Guy" meme coin drama is heating up! 🔥 Creator Philip Banks isn’t chill about his artwork being us...

Ripple Labs CEO Brad Garlinghouse vowed to fight the US Securities and Exchange Commission (SEC) in court after the regulator revealed its intention to appeal a district court’s ruling on its XRP token last year. “If Gensler and the SEC were rational, they would have moved on from this case long ago,” Garlinghouse said in an Oct. 2 X post , referring to SEC chair Gary Gensler.  “Somehow, they still haven’t gotten the message: they lost on everything that matters.” SEC Appeals Ruling  The SEC filed an appeal on Oct. 2 in an effort to overturn a ruling made by Judge Analisa Torres last year. S he had ruled that XRP is not a security when sold to the public, giving Ripple and the crypto industry what appeared to be a landmark partial victory against the regulator. But Torres also ruled that XRP is a security when sold to institutional investors, giving the SEC a partial win. The SEC brought the action against Ripple, arguing that XRP is a ...