Here is what is going on with $PNUT - Time to short ?

BINANCE VS PEANUT: MEMECOIN DRAMA

Mark Longo, the guy behind Peanut the Squirrel, just sent Binance a cease-and-desist over using his squirrel’s image for the $PNUT memecoin.

This has turned into a full-blown IP battle—with Longo claiming Binance’s branding misleads people into thinking he’s backing the coin.

PNUT shot up to a $2.25B market cap in November, and now it’s on the radar of major exchanges—if Binance doesn’t stop by Dec. 31, expect legal fireworks.

Source: Mario Nawfal