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Regulation & Legal Unverified

Judge Dismisses LIBRA and M3M3 Class Action With Prejudice

The Defiant reports that Judge Jennifer Rochon dismissed a class action over LIBRA and M3M3 memecoin launches with prejudice, finding six months of launches cannot sustain a RICO claim and that plaintiffs never pleaded Meteora as a suable entity.

Why “Unverified”

  • Reported by The Defiant alone, with no second source or primary confirmation yet

1 independent source groups across 1 posts · evidence score 52/100. How labels work

What the sources claim

  1. Judge Jennifer Rochon dismissed the LIBRA and M3M3 class action with prejudice.

    “Judge Dismisses LIBRA and M3M3 Class Action With Prejudice”
    The Defiant
  2. The judge ruled that six months of memecoin launches cannot sustain a RICO claim.

    “six months of memecoin launches cannot sustain a RICO claim”
    The Defiant
  3. The judge ruled that plaintiffs never pleaded Meteora as an entity capable of being sued.

    “plaintiffs never pleaded Meteora as an entity capable of being sued”
    The Defiant

Sources

Summary and claims extracted by deepseek/deepseek-flash with prompt analyze-story@3 on 2026-10-01 08:40 UTC. Labels are computed from the sources, not by the model.