Fideum Co-founder: Meme coins have become a tool for extracting value from retail investors and should be subject to legal regulation.

According to a report by Cointelegraph on March 16, Anastasija Plotnikova, co-founder and CEO of Fideum, stated in an interview: "Meme coins are diverging from the fundamental spirit of decentralization in cryptocurrency and are increasingly being used in more and more RUG pulls to exploit retail investors. Meme coins have evolved from community-driven social experiments into a chaotic situation that extracts value from retail investors, where insider circles, pump-and-dump schemes, and hitman groups have replaced the organic and collectible nature of the original meme coins, creating an unhealthy competitive environment.

Investors also need to distinguish between meme coins that can be considered true "collectibles" and "outright fraudulent activities," such as RUG pulls, which are not only unethical but also clearly illegal. In my opinion, these activities should fall entirely under the jurisdiction of law enforcement agencies."