Burwick, leading the case against Pump.fun, claims the platform allowed offensive tokens targeting his family in an effort to intimidate him.
Pump.fun, a widely used meme coin launchpad built on the Solana (SOL) blockchain, has gained traction as a platform where users can create, trade, and speculate on tokens within minutes.
While it has fueled excitement in the degen trading community, it has also raised concerns over market manipulation, rug pulls, and unregistered securities.
Over the past month, Pump.fun has become the center of a legal battle, facing multiple lawsuits from Burwick Law, which alleges that the platform profits from artificially inflating token prices before they inevitably crash.
What started as a regulatory and financial dispute has now taken on a personal dimension.
The legal fight, led by attorney Max Burwick, has escalated beyond the courtroom, with Burwick alleging that Pump.fun is being used to target him and his family.
Tokens referencing his cognitively disabled sister, his widowed mother, and fundraising efforts allegedly linked to them have surfaced on the platform.
In a statement to crypto.news, he said:
“I expect opposition in my work, but I will not tolerate threats and harassment directed at my family.”
Before addressing these allegations, it is important to examine the ongoing legal battle that led to this situation.
Pump.fun’s legal issues and cease and desist order
The first major lawsuit against Pump.fun was filed on Jan. 16 by Burwick Law and Wolf Popper LLP. The complaint accused the platform of violating U.S. securities laws by facilitating the sale of unregistered securities under the guise of meme tokens.
The case
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Author: Ankish Jain