Caitlyn Jenner is facing major legal heat after being sued over the collapse of the controversial $JENNER meme coin — a cryptocurrency project that allegedly left investors with massive losses after an explosive rise and dramatic crash.

According to reports, furious investors claim the celebrity-backed token generated huge online hype before quickly losing value, wiping out significant amounts of money for buyers who rushed into the viral crypto craze. The lawsuit reportedly accuses Jenner and others connected to the project of helping promote the coin while investors were allegedly left in the dark about major risks surrounding the token.

The crypto project initially exploded across social media after Jenner publicly associated herself with the meme coin, triggering a wave of speculation and heavy trading activity. At its peak, the token attracted massive attention from online traders hoping to cash in on celebrity-driven momentum.

But the excitement didn’t last long.

Shortly after the launch, the value of $JENNER reportedly plunged, sparking accusations from angry investors who claim they were blindsided by the sudden collapse. Online critics quickly began labeling the situation another example of the dangerous celebrity meme coin trend that has flooded the crypto market in recent years.

The lawsuit now adds Jenner to a growing list of celebrities who have faced scrutiny or legal complaints tied to cryptocurrency promotions and digital token projects. Legal experts say courts have increasingly started examining whether celebrity endorsements in crypto markets crossed ethical or financial disclosure lines.

Jenner has not publicly responded in detail to the latest legal claims, but the controversy has already reignited heated debates online about influencer-backed cryptocurrencies and whether famous personalities should be held accountable when speculative projects implode.

As the case unfolds, investors and crypto watchers alike are closely monitoring whether the lawsuit could become one of the next major celebrity crypto battles in court.