The lawsuit accuses the Solana-based memecoin platform of unregistered securities sales, inadequate investor protections, and enabling harmful content.

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IBTimes

United States

Memecoin Launchpad Pump.fun Sued Over Investor Losses, Business Practices; Solana Mentioned

Pump.fun is faced with a class action lawsuit over memecoin investors' losses and business practices that now only allegedly violated securities laws but also promoted inappropriate content.

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The post Law firm says it’s pursuing potential legal action against Pump.fun appeared first on Daily Truth Report • DailyTruthReport.com.

Cointelegraph

Law firm says it’s pursuing potential legal action against Pump.fun

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Techmeme

California

A look at Pump.Fun, a service for launching memecoins that has generated $350M+ in revenue via a 1% trading fee in the 12 months since its launch in Jan. 2024

The same lawyers handling a lawsuit over the infamous Hawk Tuah crypto coin are bringing a new class action against memecoin platform Pump.Fun for allegedly putting investors in high financial risk.

Wired

Advance Publications

Ma Huateng

Naspers

They Went After the Hawk Tuah Crypto Promoters. Now They're Suing Pump.Fun

A United States legal firm has filed a class action lawsuit against Pump.fun, according to a  Jan. 17 announcement. The law firm claims the platform caused financial losses for investors who traded the PNUT token. So, its suit seeks to represent all affected individuals who purchased PNUT and...

CryptoPanic

Pump fun faces class action over PNUT token’s alleged securities violations

The sole plaintiff only lost $231 but is looking to represent a much larger group affected by the Peanut the Squirrel meme coin.

decrypt.co

New York

Solana Meme Coin Factory Pump.Fun Sued by Peanut the Squirrel Trader

Pump.fun, a Solana-based memecoin launchpad, faces a lawsuit from Burwick Law over alleged unethical practices and $398M revenue.

coinstats.app

Pump.fun faces lawsuit over $398M earnings: Details here

The post PumpFun Corporation Ltd: Legal Challenges and Emerging Implications appeared first on Coinpedia Fintech News Story Highlights PumpFun Corporation Ltd is currently being sued with a class action in New York, alleging pump-and-dump schemes, no KYC/AML procedures, and illegal marketing to chil...

http://coinprofitnews.com

PumpFun Corporation Ltd: Legal Challenges and Emerging Implications

Popular Solana-based Launchpad Pump.fun is under fire again after a law firm filed a class action lawsuit against the platform on behalf of investors who lost money on memecoins deployed in Pump.fun. The lawsuit argues that the platform allegedly sells unregistered securities, promotes pump-and-dump schemes, and lacks proper user protection measures. Solana’s Pump.Fun Hit With Class Action Lawsuit Over the last year, Pump.fun cemented itself as …

Bitcoinist

Solana’s Pump.Fun Sued For Alleged Pump-And-Dump Scheme

Burwick Law takes action against Pump.fun meme coins, representing investors facing losses, as the platform generates millions in fees. The post Burwick law takes legal action against Pump.fun meme coins on behalf of investors appeared first on Crypto Briefing.

Crypto Briefing

Burwick law takes legal action against Pump.fun meme coins on behalf of investors

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Pump.fun Faces Class Action Lawsuit Over Alleged Securities Violations and Investor Harm

Pump.fun Faces Class Action Lawsuit Over Alleged Securities Violations and Investor Harm

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