Pumpfun verklagte wegen Behauptungen von 5,5 Mrd. USD, dass es ein Memecoin -Casino als Plattform ausführte.
Pump.fun Sued Over $5.5B Memecoin Scheme, Faces RICO and Fraud Claims
Pumpfun verklagte wegen Behauptungen von 5,5 Mrd. USD, dass es ein Memecoin -Casino als Plattform ausführte.
Pump.fun Sued Over $5.5B Memecoin Scheme, Faces RICO and Fraud Claims
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tldr; The team behind memecoin platform Pump.fun is facing a class-action lawsuit accusing it of operating a $5.5 billion digital asset scheme resembling a rigged slot machine. Filed in the Southern District of New York, the complaint names pseudonymous developer ‚Bernie,‘ parent company Baton Corp., and Solana-linked entities. Allegations include RICO violations, fraud, and unjust enrichment. Plaintiffs seek to cancel transactions and recover damages, citing Pump.fun’s rapid token cycles and lack of investor protections.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
death to meme coins…
Deserved
I thought this was always well understood by their user base
3.18B in ‘gambling’ revenue?
CT called it degen fun, Lawmakers might call it something else.
Regulators just entered the chat.
Wait, this is illegal now? Most of crypto is a casino.
lol no shit
Should be in jail the fucking animals.
Translation: Trump didn’t receive his cut
Memecoin funeral ?
Alts 👀
This is satire right?
Genuinely tho they should be in legal trouble for how they’ve handled everything.
memecoin roulette: spin fast, land at zero, while insiders cash out
Let’s hope it dies.
pumpfun getting sued for 5.5 billion is the most obvious plot twist ever
it was never a platform, it was a memecoin slot machine dressed up like a tech startup
people got farmed, frontrun, dumped on, and now they’re shocked it wasn’t legit
solana and jito got their cut too, don’t act surprised