Pump.fun Legal Battle Escalates as Firm Hires Top Lawyers

by Ouess

The legal storm surrounding memecoin launchpad Pump.fun is intensifying. The platform’s parent company, Baton Corporation, has brought in heavyweight legal firepower—including a former SEC investigator—to defend against a growing class action lawsuit.

Pump.fun’s High-Profile Legal Defense

  • Hired Brown Rudnick attorneys, including Daniel L. Sachs (ex-SEC)
  • Battling Burwick Law, a NY firm leading the class action
  • Lawsuit now includes 500+ investors alleging misconduct

What Pump.fun Is Accused Of

Burwick Law claims the platform:
🔹 Violates U.S. securities laws
🔹 Artificially inflates token prices for insider profits
🔹 Targeted Burwick’s CEO with fraudulent token listings

The case expanded to include co-founders and Baton Corp. after initial filings in January.

Why the Lawsuit Just Got Hotter

  • Pump.fun’s X account was suspended, fueling speculation
  • Burwick claims the platform tried to intimidate plaintiffs
  • Similar lawsuits filed against BULLX, DexScreener, GMGN

What’s Next?

With crypto regulations tightening, this case could set a precedent for how memecoin platforms operate under U.S. law.

You may also like

Crypto feed news

Our team of crypto enthusiasts and market mavens is on a mission to deliver the latest, juiciest, and most insightful updates from the ever-evolving world of cryptocurrencies.

@CryptoFeedNews 2023 All Right Reserved. Designed and Developed by TheDevThingz

Social Media Auto Publish Powered By : XYZScripts.com
Skip to content