Miami attorneys have reignited a lawsuit seeking substantial damages from NASCAR, stemming from allegations related to the ‘Let’s Go Brandon’ meme coin. The lawsuit claims NASCAR initially approved a sponsorship with driver Brandon Brown, linked to the meme coin. However, the deal was reportedly undermined when NASCAR retracted its approval, leading to significant devaluation of the cryptocurrency.
Velvel Freedman and Joe Delich, partners at Freedman Normand, represent the plaintiff, the LetsGoBrandon.com Foundation. Delich emphasized, “There’s a tendency to treat crypto and meme coins as a joke where they don’t need to be taken seriously. But they’re a real product.”
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