SEC Commissioner Hester Peirce stated that individuals have the freedom to invest in memecoins, even if they lack intrinsic value, but cautioned that investors should not expect government intervention in the event of losses

Event date

Feb 11, 2025 - 12:00am

Quotes that support claims

In this country, people generally have a right to make decisions for themselves, but the counterpart to that wonderful American liberty is the equally wonderful American expectation that people must decide for themselves, not look to Mama Government to tell them what to do or not to do, nor to bail them out when they do something that turns out badly

If people want to buy a token or product that lacks a clear long-term value proposition, they should feel free but should not be surprised some day if the price drops