"Chill guy has been copyrighted. like, legally. I'll be issuing takedowns on for-profit related things over the next few days," Banks stated on X.
"Not like brand accounts using him as a trend, that's kinda something I don't really care about (I do just ask for credit. or xboxes). Mainly unauthorized merchandise and shitcoins."
Banks' legal threats turned down the heat on the CHILLGUY token, whose creator is unknown, almost 50% below its Wednesday peak, with the decline strengthened by profit-taking.
The meme took Crypto Twitter by storm this week as the parody Solana-based CHILLGUY token rocketed more than 1,000% in a single day, notching up a $500 million market capitalization at Wednesday's peak.
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