On Friday, September 11, 2026, Kenneth Kolbrak filed a first amended complaint in the U.S. District Court for the Southern District of New York against Amethyst Amelia Kelly, the recording artist known professionally as Iggy Azalea, alleging that she misled consumers into buying a cryptocurrency token called $MOTHER by promoting it as a functional currency for a growing business empire that never materialized as advertised.
The proposed class action, filed on behalf of Kolbrak and other purchasers of the token, does not claim that MOTHER was an unregistered security. Instead, it accuses Azalea of violating New York’s consumer protection statutes and common-law fraud principles by making specific, allegedly false representations about the token’s real-world utility.
According to the complaint, Azalea launched MOTHER on the Solana blockchain on May 28, 2024, promoting it as the native currency of an ecosystem that included a telecommunications company, an online casino called MOTHERLAND, a luxury goods marketplace known as DreamVault, and a merchandise store. She also announced that two major cryptocurrency market-making firms, Wintermute Trading and DWF Labs, were supporting the token, which the complaint says fueled a single-day price surge of more than 50%.
The lawsuit alleges those promises collapsed under scrutiny. When MOTHERLAND opened to the public in December 2024 and launched fully in January 2025, the complaint states, the casino required deposits in the stablecoin USDT rather than MOTHER, with MOTHER listed as just one of more than a dozen accepted deposit options — not the settlement currency Azalea had described. The casino shut down within 14 months, after which Azalea began promoting a rival casino as a paid affiliate, according to the filing.
Similarly, the complaint alleges that a promoted partnership allowing customers to pay for phones and cell plans through Unreal Mobile using MOTHER was discontinued in early 2025 without any public announcement, and that DreamVault never launched with MOTHER payments as promised.
The complaint also cites comments Azalea made in September and October 2024 in which she allegedly described the integrations as “perk functions” rather than genuine utility, and a December 2025 social media post in which she asked her remaining followers, “Is anyone still here or is it just bots talking to bots at this point.”
The filing states that MOTHER reached an all-time high market capitalization of approximately $200 million within about two weeks of its launch before declining roughly 99.8%, to approximately $329,000.
The complaint also cites a June 2024 promotional trip to New York, during which Azalea announced the Unreal Mobile integration, appeared at the New York Stock Exchange, and posted “$MOTHER TAKES WALL ST” on social media.
Kolbrak, identified in the complaint as a Wisconsin resident, alleges he purchased approximately $5,000 worth of MOTHER tokens in reliance on Azalea’s statements, including her assurances that she and her brother held only a small percentage of the token’s supply and that “it’s no rug of any kind. Ever.” He claims he suffered financial losses as a result.
The complaint asserts claims under New York General Business Law Sections 349 and 350, Wisconsin’s deceptive trade practices statute, and common-law theories of negligent misrepresentation and unjust enrichment. It seeks class certification, compensatory and statutory damages, restitution, a constructive trust over assets traceable to the alleged conduct, and injunctive relief barring Azalea from transferring or disposing of related assets. The complaint also demands a jury trial.
Please contact BlockTribune for access to a copy of this filing.
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