The Pump.fun platform, known for launching Meme Coin based on Solana, is facing a legal lawsuit from Burwick Law, a law firm representing investors who have lost "a significant amount of money." The lawsuit focuses on failures related to Meme Coin, rug pulls, and questionable projects on this platform.
Burwick Law has called on affected investors to fill out a registration form to join the legal battle. According to information, over 60% of Pump.fun users have suffered losses, and this law firm is committed to pursuing financial accountability in the Web3 space.
Pump.fun reached record revenue in early 2025 but faced controversy over contributing to the dilution of the cryptocurrency market. The platform also ceased operations in the UK in December 2024 after pressure from the Financial Conduct Authority (FCA) and an investigation into fraud.
Although specific information about the allegations and compensation has not been disclosed, Burwick Law's lawsuit highlights significant legal challenges for Pump.fun and the need to ensure transparency and accountability in DeFi.
#pumpfun #tiendientu
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