**Chill Guy Meme Sparks Legal Drama in Crypto World**

The artist behind the viral "Just a Chill Guy" meme, known as PhillipBankss, is considering legal action against memecoins using his art without permission. The CHILLGUY token, launched on Solana, hit a $580 million market cap but now sits at $400 million. PhillipBankss, who recently copyrighted the character, plans to target unauthorized merchandise and crypto ventures. While some community members doubt the feasibility of legal action against decentralized tokens, others suggest the artist capitalize on the trend through NFTs. The debate continues on how artists can protect their work in the crypto space.