The creator of the Just a Chill Guy meme, PhillipBankss, has threatened legal action against the makers of $CHILLGUY tokens, which launched on Solana and hit a $580M market cap before dipping to $398M. 💸

Phillip registered copyrights and plans to allow non-commercial use, but says "no thanks" to unauthorized merch and memecoins. His goal? To chase down creators of “unsanctioned crypto projects.” 😁

🧑‍⚖️ The crypto community, however, is unimpressed:

▪️ “Good luck suing decentralized, anonymous tokens.” 🤷‍♂️

▪️“It’s on the blockchain now—it’s here forever!” 💾

▪️ “Why not just sell an NFT of it and cash in?” 💰

Lesson: Memes on the blockchain are like tattoos—permanent. 😎

#chillguy #memecycle