Lawsuit over Peanut the Squirrel: Mark Longo, owner of Peanut the Squirrel, claims Binance infringed on his intellectual property by using Peanut’s image in connection with the PNUT Memecoin, which quickly achieved a market cap of 50 million USD.
HIGH-profile reactions and outcomes: The controversy surrounding Peanut’s euthanization attracted significant attention, including reactions from Elon Musk and Donald Trump. Longo is urging Binance to settle the matter before the end of 2024 to avoid further legal complexities.