Launch of the "JUSTICE" Token: Peanut and Fred’s Owner Responds to the Incident

The owner of two animals, Peanut the squirrel and Fred the raccoon, whose tragic deaths sparked public outrage, has launched his own cryptocurrency. Mark Longo announced the creation of the token "Justice for Pnut and Fred" (JUSTICE) on the Solana blockchain. Reacting to Peanut and Fred’s Deaths In a video on Twitter, Mark Longo explained that he created the token to honor the memory of his pets. He stated his aim is to ensure justice for the animals and highlighted alleged failures by state authorities. "The government won’t get away with this," Longo declared. Accusations Against the Crypto Community Longo also harshly criticized the crypto community for allegedly profiting from his personal tragedy. "People are making money off my tragedy, and it’s disgusting," he said. Despite his criticism, Longo announced the launch of the JUSTICE token, emphasizing that it is the only cryptocurrency he will ever support. Community Skepticism and Concerns Some members of the crypto community have expressed doubts about Longo's intentions. They pointed out that he reportedly sold $50,000 worth of donations he received from supporters after the incident. According to data from the Solscan platform, JUSTICE currently has a market capitalization of over $53.8 million and more than 14,000 holders. The token was created via Pump.fun, a platform focused on meme coins. The Story of Peanut and Fred Peanut and Fred lived with Mark Longo in Pine City, New York. Peanut had become an internet sensation with over 500,000 followers. The tragedy began when state officials raided Longo's home due to laws prohibiting the keeping of wild animals as pets. Peanut reportedly bit someone, which led to both animals being euthanized. Political and Public Reaction The incident sparked significant political debate. Vice President-elect JD Vance called the state’s actions excessive, while Elon Musk referred to the situation as "messed up." Musk's comments spurred the crypto community to create the PNUT meme coin on the Solana blockchain. Legal Disputes Around Meme Coins This isn’t the first case where a meme coin has led to legal disputes. Artist Philip Banks recently announced legal action against projects that used his work without permission. The CHILLGUY token, also created on Solana, saw a significant value increase, further fueling controversies. The JUSTICE token and the story of Peanut and Fred highlight how meme coins can evolve into real legal and ethical challenges.

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