This lawsuit and Longo’s subsequent meme coin launches have sparked controversy. On social media platforms like X, community members have expressed skepticism about Longo’s motives, accusing him of exploiting the situation for profit.

Peanut the Squirrel’s Owner Files Legal Action Against Binance Over IP Rights

✨ Mark Longo, the owner of Peanut the Squirrel, has initiated legal action against Binance for alleged intellectual property violations.

✨ Longo’s legal battle comes amid controversy surrounding his involvement in meme coins and accusations from the crypto community.

✨ Despite the lawsuit, the price of $PNUT token remains stable, while Longo promotes a rival coin, Justice for Peanut, $JFP.

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