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Meme Coin Coin Deployer based in Solana, pump.fun, continues to draw legal warmth because the recent states claim that some tokens have been launched on the platforms violated the rights of intellectual property.
February 5 pump.fun a truce and rejected a letter issued Against Pump.fun US law firm Burwick Law and Wolf Popper LLP, demanding the removal of several meme coins that allegedly abuse their names and logos.
A letter about interruption and abandonment is an official legal notice that requires an individual or entity to immediately stop an alleged illegal activity to avoid further legal proceedings.
The letter requires a “direct removal of the Dogshit2” and other tokens for which companies claim to be created to be falsely represented. He further accuses Pump.fun of enabling these unauthorized implementation and did not act despite having the technical ability for it.
According to law companies, these actions not only violate their intellectual property, but also contribute to deceptive market practices, which investors are at risk.
To date, the Pumpi.fun users have created hundreds of tokens, including those themed around Burwick Law, Wolf Popper LLP LLP -AI Burwick’s management partner, Max Burwick.
Burwick Law and Wolf Popper LLP also claim that Pump.fun played a role in wider efforts to “intimidating our clients and interfere with liquid litters.”
They indicate meme coins intended for a false presentation of the plaintiff in the lawsuit, claiming that it is “the use of blockchain technology as a tool for interfering with justice and procedures.”
“Any further unauthorized use of names, intellectual ownership of our companies or connection with this toast can result in a direct legal procedure,” warned part of the interruption and renunciation.
The interruption and abandonment letter follows two lawsuits against the pump.
First case, submitted On January 16th, he aimed for the sale of peanut tokens of squirrels, claiming that this unregistered security was promoted by Hype-guided influence. The second lawsuit, filed on January 30, expanded the allegations, named Pump.fun -ov operator, Baton Corporation LTD and key figures behind the platform.
According to complaints, Pump.fun allegedly profited from the pump business model and the landfill with aggressive marketing tokens that later lost a significant part of their value.
Prosecutor Diego Aguilar claimed that he had suffered losses after buying tokens like Fwog -a Griffain, which initially pushed into high estimates before their prices fell. The complaint also accused Pump.fun of having received nearly $ 500 million fees from retailers, while running a scheme that allegedly mirrors the elements of Ponzi’s structures.
However, the case was an unexpected turn when the members of the community analyzed the evidence of the C lawsuit, which showed that it could be easy to create tokens on the pumps.Fun.
Dog shit nowhere (Dogshit2) became the center of controversy after some members of the community discovered the address of the wallet mentioned in a companies against Pump.fun corresponded to the one related to Dogshit2. This led to speculation that Burwick and the law may have arranged a token to strengthen their case.
Those who held meme coins, meanwhile, benefited from controversy, as Dogshit2 increased over 170% in the last 24 hours, reaching more than $ 30,01437 on February 6th after issuing a letter about interruption and quitting.
From the time of publication, Pump.fun has yet to be issued an official statement regarding the accusations or to respond to a letter of interruption and abandonment.
