US Judge Dismisses ME Token Class Action Against Magic Eden
- —The suit alleged investor harm tied to the ME token launch
- —It is unconfirmed whether dismissal was with or without prejudice
- —ME launched in late 2024 on Solana, Bitcoin, Ethereum and Base
- —Federal civil appeal deadline is typically 30 days from judgment
Why it matters: The dismissal eases legal exposure for Magic Eden, though separate SEC or CFTC scrutiny remains an independent risk.
Source: Coincu