Memecoin fraud just became easier

The podcast dives into the intriguing world of memecoins, exploring why the SEC has classified them as non-securities. It highlights the story of a Canadian teenager behind Gen Z Quant, showcasing the wild volatility of these digital assets. The influence of platforms like Pump.Fun is examined, revealing how young traders can cash in on the hype. Legal challenges and regulatory gaps are discussed, along with the Howey Test that helps explain why many memecoins slip through the cracks.