A company looking to compete with meme coin launchpad Pump.fun threatened its rival with a lawsuit earlier this month. Just 10 days later, the project launched a token on Pump.fun and self admittedly “rug[ged] the chart” with the founder claiming to have made $800,000.

Yonatan Badash founded Pump Pumpkin in December 2024, announcing the project with a deepfake of Morgan Freeman. This came just one month after he faked stealing the dog of a kid who went viral for rugpulling a token on livestream—also known as the Quant kid.

As the new year dawned, Pump Pumpkin issued a legal notice to Pump.fun threatening to file a lawsuit seeking more than $1 billion in damages based on allegations the project was hiding how much it was charging in fees.

Badash told Decrypt Pump Pumpkin was hiring an in-house legal team to take this case on. That said, he added that the company was unsure where the lawsuit would be filed as Pump Pumpkin is based in Israel and Go to Source to See Full Article
Author: Ryan Gladwin

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