Breaking
February 6, 2025

Pump.fun Hit with Cease & Desist from Burwick Law Over 200+ IP-Infringing Meme Coins Hassan Shittu | usagoldmines.com

Solana-based meme coin creation platform Pump.fun has landed in legal trouble as Burwick Law and Wolf Popper LLP issued a cease and desist letter over the unauthorized use of their intellectual property.

The law firms recently filed a class-action lawsuit against Pump.fun, alleging that the platform facilitated the creation of over 200 tokens that infringe upon their trademarks and impersonate their brands.

The most notable among these is the ‘Dog Shit Going NoWhere’ (DOGSHIT2) token, which was allegedly deployed on Pump.fun without the firms’ consent.

Burwick Law and Wolf Popper LLP have made it clear that they have no involvement with the creation of these meme coins and are now taking legal action to protect their intellectual property and the interests of affected investors.

According to their statement, “class action filing last week, Pump[dot]fun has issued over 200 tokens infringing upon the IP of us and our co-counsels brands.”

The firm further alleges that Pump.fun has the capability to remove these tokens but has refused to act despite the legal and financial risks posed to investors.

Pump.fun Allegedly Facilitates Harassment and Market Manipulation

Beyond intellectual property infringement, the cease and desist letter accuses Pump.fun of allowing the creation of tokens that target individuals involved in the lawsuit.

According to Burwick Law, Pump.fun has launched tokens that impersonate their clients, allegedly as part of a coordinated effort to intimidate them and interfere with ongoing litigation.

As the cease and desist letter stated:

“These acts represent the use of blockchain technologies as a tool for disrupting justice and due process.”

The firm emphasized that it will pursue legal remedies to the fullest extent against those involved in such misconduct.

Meanwhile, the controversy surrounding DOGSHIT2 has fueled speculation regarding its origins.

Opinions within the crypto community have suggested that Burwick Law may have deployed the token themselves as part of their case against Pump.fun.

However, Burwick has denied these allegations, explaining that DOGSHIT2 only existed off-chain as “memory on the server” before being deployed on-chain once a buyer purchased it.

Class-Action Lawsuit Alleges Securities Violations

The legal battle against Pump.fun extends beyond the cease and desist letter.

On January 30, Burwick Law and Wolf Popper LLP filed a class-action lawsuit on behalf of investors, claiming that Pump.fun has facilitated the creation and sale of unregistered securities.

The lawsuit, led by Diego Aguilar, was filed in a New York federal court. It accuses Pump.fun, allegedly operated by the UK-based Baton Corporation, of using deceptive marketing tactics to inflate demand for highly volatile tokens artificially.

According to the lawsuit, Pump.fun has generated nearly $500 million in fees from the tokens it helped launch.

The plaintiffs seek legal relief, including the rescindal of all token purchases, monetary damages for affected investors, and coverage of litigation costs.

This case follows a previous lawsuit filed in January by Burwick Law, accusing Pump.fun of selling the unregistered Peanut the Squirrel (PNUT) token, which reached a $1 billion market cap at that time.

Burwick also criticized Pump.fun and similar platforms for exploiting meme coins, calling them multi-level marketing scams preying on investor desperation.

He argued that these platforms distort the true potential of crypto rather than advancing its capabilities.

However, this controversy has not slowed down Pump.fun’s popularity. Last week, the platform recorded an all-time high of $3.3 billion in weekly trading volume and an all-time high revenue of $121 million last month.

The post Pump.fun Hit with Cease & Desist from Burwick Law Over 200+ IP-Infringing Meme Coins appeared first on Cryptonews.

 

This articles is written by : Nermeen Nabil Khear Abdelmalak

All rights reserved to : USAGOLDMIES . www.usagoldmines.com

You can Enjoy surfing our website categories and read more content in many fields you may like .

Why USAGoldMines ?

USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.

Recent:

DeepSeek restricts access to models as demand exceeds server capacity Enacy Mapakame | usagoldmines....

XRP ETFs move forward as CBOE submits19b-4 filings for many issuers Jai Hamid | usagoldmines.com

Bybit makes peace in India, pays $1m Finance Ministry fine, agrees to full adherence to law Derek H ...

Fineqia AG Partners with Copper.co to Provide Custody for ETN Business Tanzeel Akhtar | usagoldmines...

Trump Media and Technology Group Files for ETFs, SMAs Julia Smith | usagoldmines.com

Shiba Inu Whale Moves 1.23 Trillion SHIB – Massive Rally Starting?  Trent Alan | usagoldmines.com

Ethereum Could Crash To $1,700 If This Support Fails, Analyst Says Keshav Verma | usagoldmines.com

SEC acknowledgment boosts chances for spot Litecoin ETF, in-kind redemptions for Bitcoin ETF Gino Ma...

Claim Your Share: Berachain’s BERA Token $632M Airdrop Details Revealed Debashree Patra | usagoldmin...

Telegram Mandates TON Connect on Crypto Wallets, Sparking Controversy Nidhi Kolhapur | usagoldmines....

Trump Media Files Trademarks for TruthFi Investment Vehicles, Including Bitcoin Plus ETF Nidhi Kolha...

Crypto News: Former Malaysian PM’s X Account Hacked in $3.4 Million Meme Coin Scam Anjali Belgaumka...

Dogecoin (DOGE) Eyes $0.22 Drop, Even as Whales Buy 750M Tokens Chandan Gupta | usagoldmines.com

Tether and Reelly Tech Partner to Transform UAE Real Estate Transactions Nidhi Kolhapur | usagoldmin...

Deribit Exits Russia Amid EU Sanctions, Limits Access for Russian Nationals Nidhi Kolhapur | usagold...

Strategy Set to Receive $12.75 Billion Boost To Balance Sheet: Bernstein Nidhi Kolhapur | usagoldmin...

Ethereum (ETH) Set to Hit $2,200 Level, Here’s Why  Chandan Gupta | usagoldmines.com

WIF Rally Imminent? Whale Buys 9.50 Million Meme Coin  Chandan Gupta | usagoldmines.com

Winklevoss twins’ Gemini is considering an IPO as soon as this year Jai Hamid | usagoldmines.com

Trump family company TMTG to launch USA-themed crypto and manufacturing ETFs under Truth.Fi brand Ha...

Czech approves Bitcoin tax exemption for long-term holders Ol | usagoldmines.com

Bitcoin Will Crash To Zero Within A Decade, Nobel-Winning Economist Claims Brenda Ngari | usagoldmin...

Ethereum Trades Inside A Multi-Year Bullish Pennant – Analyst Sees A Breakout Above $4K Sebastian Vi...

Ethereum targets April for Pectra upgrade with testing set to go live this month Assad Jafri | usago...

World Liberty Fi buys Ondo (ONDO) as the project launches its new chain for RWA tokenization Hristin...

Berachain shoots out of the gate with $1.5B market cap on first trading day Hannah Collymore | usago...

Mike Novogratz calls XRP Army proof that community drives investment value Jai Hamid | usagoldmines....

Dutch court releases Tornado Cash co-founder to electronic monitoring, TORN rallies Gino Matos | usa...

VanEck predicts Solana will reach $520 by the end of the year Jai Hamid | usagoldmines.com

Ethereum Faces $11B Sell-Off Threat – Will $ETH Fall Below $500? Tim Hakki | usagoldmines.com

Trader Explains Why XRP Could Skyrocket to $100 After Tristan Tate X Post Alejandro Arrieche | usago...

US Crypto Regulations vs. MiCA Rules: Are Global Standards Underway? Rachel Wolfson | usagoldmines.c...

Cardano Price Analysis: Is February Going to be “Crazy Month” of ADA Gains? Joel Frank | usagoldmine...

Analysts Say This Undervalued Crypto Could Skyrocket in 2025—Early Investors Are Buying In Cryptopol...

Japanese gaming giant Bandai Namco quietly cut 100 staff last year Collins J. Okoth | usagoldmines.c...

Smart Money is Rotating—Why $CHONE Might Be the Next Narrative Play Cryptopolitan Media | usagoldmin...

Solana’s BONK Roundtrips Total Gains From 2024, Here’s Why It’s A Good Buy Now Scott Matherson | usa...

Telegram’s exclusivity deal with TON sparks developer backlash Gino Matos | usagoldmines.com

Aptos (APT) Now Available on Ledger Live Tari | usagoldmines.com

New Mexico’s BTC Reserve Bill SB57 Opens Fund Investments Victor | usagoldmines.com

How to Buy Crypto on Base in 60 Seconds Tari | usagoldmines.com

Somnia Blockchain Hits 1.05 Million TPS, Announces Testnet Victor | usagoldmines.com

Burwick Law and Wolf Popper Demand PumpFun Remove Tokens Victor | usagoldmines.com

Ford CEO: Trump tariffs would wipe out billions in profits if they’re long lasting Florence Muchai |...

Tornado Cash developer Aleksey Pertsev released from detention with electronic monitoring Hristina V...

AI Agents Sell Off Hard as Crypto Markets Pull Back – Is This a Buy Opportunity? Tim Hakki | usagold...

Donald Trump Violated Anti-Solicitation Rules Over Meme Coin, Consumer Advocacy Group Says Julia Smi...

UK interest rates cut to 4.5% from 4.75%, their lowest for more than 18 months Florence Muchai | usa...

Momentum’s Here, Markets Are Moving—And $CHONE Could Be Next!  Cryptopolitan Media | usagoldmines.co...

Mutuum Finance (MUTM): The Underrated Token Poised for a Breakout in 2025 Cryptopolitan Media | usag...

Cardano Could Explode By 1,850% In ‘Monster Parabolic Rally’: Analyst Jake Simmons | usagoldmines.co...

Former Celsius CEO seeks delay in sentencing amid complex legal battle Assad Jafri | usagoldmines.co...

Kingdom Come: Deliverance 2 smashes sales records on day one Collins J. Okoth | usagoldmines.com

South Korea blocks access to DeepSeek from government devices Florence Muchai | usagoldmines.com

Canadian CIRO excludes crypto funds from reduced margin eligibility Florence Muchai | usagoldmines.c...

BNB Chain team launches Test (TST) token, buyers sniped it and kept trading Hristina Vasileva | usag...

Web3 security breaches dent the industry over $98M in January 2025 Collins J. Okoth | usagoldmines.c...

Thailand’s TIDC appoints dao5 and Movement Labs founders as advisors Hannah Collymore | usagoldmines...

World leaders set to vie for AI domination at Paris summit Florence Muchai | usagoldmines.com

Tether CEO Paolo Ardoino denies rumors of launching a blockchain Cryptopolitan News | usagoldmines.c...

Elon Musk and his D.O.G.E now legally banned from the US Treasury systems Jai Hamid | usagoldmines.c...

Institutions are accumulating Ethereum in a new wave, ETH up 0.3% Florence Muchai | usagoldmines.com

Stanford and UW researchers build $50 open-source ChatGPT o1 rival Jai Hamid | usagoldmines.com

Can Dogecoin Rally Soon? Big Money Flows In, and a Bullish Reversal Might Be Next Simon Chandler | u...

Solana Revenues Skyrocket to $840 Million – Could SOL Price Hit $1,000? Simon Chandler | usagoldmine...

Survey Shows Asia Surpasses U.S. and Europe in Bitcoin Retail Trading Jimmy Aki | usagoldmines.com

Elon Musk Backs Blockchain-Driven Transparency in U.S. Treasury Operations Harvey Hunter | usagoldmi...

Sui and Libre Open On-chain Access to Range of Investment Funds for Institutions Sead Fadilpašić | u...

Brazilian EmpiresX Founders Fined $130M for Defrauding Crypto Investors Jimmy Aki | usagoldmines.com

1inch Network Updates Cross-Chain Swaps to Feature ZKsync Tanzeel Akhtar | usagoldmines.com

Meme Coin Market Plunges, But Could This Be the Setup for an Explosive Rebound? Alejandro Arrieche |...

TRUMP Coin Falters Amidst Presidency Backlash, But PEPETO Continues to Thrive Cryptopolitan Media | ...

Solana (SOL) and Ripple (XRP) Clash for Altcoin Market Dominance as New Rival Emerges with 14,544% P...

Elon Musk’s D.O.G.E achieves tons of Democratic outrage, yet to cut billions in US govt spending Jai...

Is FXGuys ($FXG) The Next 100x Opportunity? Growing Attention From PEPE And SUI Holders Suggests So ...

Trump Media unveils Bitcoin ETF amid financial services expansion Gino Matos | usagoldmines.com

World leaders set to vie for AI domination at Paris summit Florence Muchai | usagoldmines.com

PEPE Struggles Against Strong Resistance, Bearish Pressure Intensify Godspower Owie | usagoldmines.c...

Bold Prediction: XRP Holders On The Path To Millionaire Status—Analyst Christian Encila | usagoldmin...

Bitcoin Support Sits At $90,6K Short-Term Holder Realized Price – Expert Reveals Key Resistance Leve...

Solana celebrates a year without network failures as ecosystem thrives Oluwapelumi Adejumo | usagold...

Arthur Hayes warns US Bitcoin reserve plan would be a misguided political stunt Oluwapelumi Adejumo ...

Changpeng Zhao’s X post sends BNB Chain test memecoin soaring 10,000% Oluwapelumi Adejumo | usagoldm...

Ripple’s XRP Primed For Mega $4 Milestone As Crypto Giant Grayscale Vies For XRP ETF Approval Brenda...

XRP Ledger Velocity Nears Breakout Point — What It Means for Ripple and the XRP Price Newton Gitonga...

World’s Largest Corporate Bitcoin Holder With $46 Billion In BTC Has Just Rebranded — Here’s Why Bre...

Over 70% of Institutional Traders Plan to Steer Clear of Crypto in 2025: JPMorgan Survey Ruholamin H...

Saudi Economist Urges Gulf States to Develop Unified Crypto Payment Regulations Ruholamin Haqshanas ...

Ex-Malaysian PM Mahathir’s X Account Hacked to Shill Meme Coins Hassan Shittu | usagoldmines.com

IoTeX’s Larry Pang Named Co-Chair of Blockchain Association’s DePIN Working Group Veronika Rinecker ...

President Trump’s Son Says It’s Time to Buy Bitcoin – Is BTC About to Go Parabolic? Arslan Butt | us...

Why did USAID give $68+ million to the World Economic Forum? Florence Muchai | usagoldmines.com

Trudeau pivots Canada’s trade strategy: Reducing US reliance to eye global markets Florence Muchai |...

Bitcoin February flip! Retail dumps, whales prepare for the next leg up Ashish Kumar | usagoldmines....

Solana survived its record year with no network downtime Hristina Vasileva | usagoldmines.com

Shiba Inu Set For A 10-Fold Explosion? Analysts Predict 6,000% Surge Christian Encila | usagoldmines...

The Rich Bet Big on Bitcoin – Will the Market Manifest a Bull Run for Top Meme Coins? NewsBTC | usag...

Tether dismisses blockchain rumors, doubles down on AI innovation Oluwapelumi Adejumo | usagoldmines...

Coinbase defends customer asset rights in Prime Trust bankruptcy case Oluwapelumi Adejumo | usagoldm...

Solana’s on-chain GDP grew by over 300% in Q4, led by memes and bot activity Hristina Vasileva | usa...

Leave a Reply