New Meme Coin, PUNISHER COIN, Not Registered – SEC

Leadership | 08-06-2025 07:57pm |

Securities and Exchange Commission (SEC) has flagged a new meme coin, ‘PUNISHER COIN’ (also known as ‘SPUN’), as illegal and not approved for public issuance. In a public notice yesterday, the commission noted that the promoters/issuers of the meme coin were not registered to operate in any capacity in the country’s capital market, “and also [...]

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