❌ We played and that's enough

#PUMPFUN

The official pages of Pump.Fun and its founders have been banned on Twitter. They banned them and that’s it, what’s the point of whining. But this is just the beginning...

A lawsuit has been filed against Pump.Fun.

It all started with a case where a gambling investor lost approximately $250 on coin $PNUT . But upon detailed investigation, lawyers uncovered much more serious allegations.

💁‍♂️ Allegations against PumpFun:

▫️ Pump'n'Dump schemes

▫️ Lack of KYC and AML rules.

▫️ Marketing aimed at children.

▫️ Presence of tokens with racist, anti-Semitic, and violent names (propaganda for school shootings and the Holocaust).

👉 PumpFun is accused of creating a "fraudulent ecosystem" and embezzling millions of dollars through fees.

In case of losing in court, Pump.Fun and its founders face:

1️⃣ A hefty fine (~$500 million)

2️⃣ A lifetime ban from participating in financial markets

3️⃣ Real criminal charges and corresponding sentences for fraud.

🤔 Why is this important?

This could become the loudest drama in the history of meme coins. In the future, there may be revisions of trading rules, tightened regulations, and new public whippings.