Rapper Iggy Azalea faces class-action lawsuit over MOTHER memecoin

Australian rapper Iggy Azalea is facing a class-action lawsuit over her Solana-based memecoin MOTHER, Cointelegraph reported. According to a complaint filed in a U.S. federal court in Manhattan, the plaintiffs allege that Azalea emphasized the MOTHER token's real-world utility and ecosystem expansion plans, but these claims did not materialize into actual services. The suit specifically points out that MOTHER was promoted as a key payment method for Azalea-related businesses, including a telecommunications service, an online casino, a luxury commerce platform, and a merchandise store.