In a shocking turn of events, Squirrel Dad (@Squirrel_Dad12), the original creator behind the $PNUT token, has launched a new token called $JUSTICE (For Pnut and Fred) while publicly denouncing $PNUT.
The Fallout Begins
$JUSTICE has already surged to a $13 million market cap, while $PNUT, once a community favorite, continues its steady decline following its Binance listing.
In a fiery statement, Squirrel Dad claimed:
"The $$PNUT Community USED MY STORY, MY SQUIRREL, AND MY LIKENESS TO MAKE MILLIONS."
Community Fights Back
The $PNUT mmunity has been quick to respond, accusing Squirrel Dad of betrayal.
$50,000 Donation Controversy: Members allege that they raised and donated $50,000 to Squirrel Dad, only for him to immediately sell the funds.
Legal Threats: Squirrel Dad announced plans to sue $PNUT, alleging copyright infringement, and stated that legal action would begin tomorrow.
The Bigger Picture
This drama follows hot on the heels of the $CHILLGUY artist threatening legal action over the misuse of intellectual property. Could this signal a rising trend of creators turning against their own communities in the meme token space?
What’s Next for $PNUT?
With its creator now working against it, the future of Pnut hangs in the balance. Legal disputes, combined with the rise of $JUSTICE, could spell the end of $PNUT’s once meteoric rise.
Stay tuned as this story develops—will Pnut survive the storm, or is this the final chapter for the beloved token?
