Pump.Fun

Pump.fun Faces Second Lawsuit As Meme Coin Scrutiny Heats Up

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Pump.fun

The woes for Pump.fun, the platform that allows the launch of meme coins on Solana, keep piling. A second lawsuit has been filed against the platform, claiming it engages in fraudulent activities and violated US securities laws. This development joins the list of growing scrutiny against meme coin projects, especially those accused of being pump-and-dump … Read more

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

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NFTs, Bitcoin, Solana

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 … Read more