SEC flags new meme coin, PUNISHER COIN, as illegal

Beyond the Numbers: Strategic navigation of the 2026 SEC revised minimum capital requirement for regulated entities

The Securities and Exchange Commission has flagged a new meme coin, ‘PUNISHER COIN’ (also known as ‘SPUN’), as illegal and not approved for public issuance. In a public notice on Saturday, the commission noted that promoters/issuers of the meme coin are not registered to operate in any ca

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