Solana (SOL)-Based CHILLGUY Memecoin Falters As Illustrator Threatens Legal Action: Report
The illustrator behind the viral “Chill Guy” meme is warning CHILLGUY holders that he plans to take legal action against the Solana (SOL)-based memecoin over copyright issues. According to a new Decrypt report, Chill Guy creator Phillip Banks recently took to the social media platform X to threaten legal action against unauthorized, for-profit uses of his viral cartoon. “just putting it out there, chill guy has been copyrighted. like, legally. I’ll be issuing takedowns on for-profit related things over the next few days.” Phillip Banks has locked his X account since the post. Per a screenshot from X user TheDeFiApe, Banks plans on going after unauthorized merchandise and memecoins. Source: TheDeFiApe/X Despite Banks’ protest, Crypto.com announced yesterday that the exchange was listing CHILLGUY. Gate.io, the tenth-largest crypto exchange by trading volume, also launched CHILLGUY trading yesterday as a “Pilot Section...