Rapper Iggy Azalea sued in class‑action case over failed MOTHER memecoin
A group of investors has filed a class‑action lawsuit accusing Iggy Azalea of misleading promotion and mismanagement of the MOTHER memecoin, which they claim collapsed after the artist’s involvement. The suit alleges violations of securities laws and seeks damages for token purchasers. Azalea has not yet responded publicly to the allegations.