Solana’s Pump.Fun Sued For Alleged Pump-And-Dump Schemes And Inadequate User Protection
2025-07-04 00:14:18
Description
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 the most popular token launcher after its massive s...
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