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Solana’s Pump.Fun Faces Legal Pressure as Law Firm Demands Removal of Mocking Tokens

  • Solana-based meme coin platform Pump.fun is facing legal challenges due to allegations of intellectual property violations.
  • Law firms Burwick Law and Wolf Popper LLP have issued a cease and desist letter to Pump.fun, demanding the removal of meme coins that misuse their clients' names and logos.
  • Pump.fun is accused of enabling token launches to target and intimidate their clients, as well as obstruct ongoing lawsuits.
  • Pump.fun faces multiple class-action lawsuits alleging violation of securities law and exploiting retail investors.

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