Videos by According2HipHop
Iggy Azalea is facing a class action lawsuit in New York over her MOTHER cryptocurrency token, which at one point collapsed nearly 99.5% from its all-time high of around $200 million in market value shortly after its May 2024 launch on Solana.
The complaint argues this isn’t a case of ordinary crypto volatility. Plaintiffs allege MOTHER was marketed as a functional financial product — the backbone of an ecosystem that included a telecom service and an online casino called Motherland — but those promises never fully materialized. When Motherland launched in January 2025, it reportedly ran on USDT rather than MOTHER, despite Azalea publicly telling fans they’d need the token to get in.
Iggy Azalea has reportedly been hit with a class action lawsuit over her "MOTHER" cryptocurrency token, which has allegedly seen a 99.5% collapse in value.
— No Jumper (@nojumper) May 6, 2026
The lawsuit claims that Iggy allegedly misled investors with false promises about features marketed as part of the token… pic.twitter.com/l6mbEYXphv
The filing also names crypto market makers Wintermute Trading and DWF Labs as having ties to the project — partnerships investors say were used to build credibility. MOTHER’s price reportedly surged over 50% when the DWF deal was announced, though the terms were never disclosed. Token holders, the suit claims, received no ownership stake, revenue share, or legal rights in return. Azalea has not publicly commented on the lawsuit.
