Memecoins not under SEC oversight, Peirce says as TRUMP losses hit $2B

SEC Commissioner Hester Peirce says memecoins like TRUMP are outside the agency’s jurisdiction as investors lose $2 billion from the token’s decline.

Feb 12, 2025 - 14:18
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Memecoins not under SEC oversight, Peirce says as TRUMP losses hit $2B

SEC Commissioner Hester Peirce says memecoins like TRUMP are outside the agency’s jurisdiction as investors lose $2 billion from the token’s decline.