🇺🇸 The SEC has charged a private individual for the first time in history with creating the Saitama Inu meme token. American Vai Pham (msvy_crypto) is accused of illegally offering securities to investors during the token launch in 2021 and misleading them.

Pham also created the Robo Inu token, which used fake trading volumes using Gotbit, which was linked to a previous scandal. The SEC always needs money, even when there is a lot of it.