Pump.fun class-action lawsuit (2025) event

litigation · PageRank 0.0008

Also known as: Pump.fun lawsuit

Overview

On January 30, 2025, Burwick Law and Wolf Popper LLP filed a putative class action in the U.S. District Court for the Southern District of New York against Baton Corporation Ltd., doing business as Pump.fun, alleging that tokens launched on the platform were unregistered securities sold in violation of Sections 5 and 12(a)(1) of the Securities Act of 1933. The firms said they represented hundreds of investors who lost money on Pump.fun launches. On July 22, 2025, the plaintiffs filed a consolidated amended complaint that broadened the case, adding RICO racketeering allegations and additional defendants from the Solana ecosystem. Pump.fun has contested the claims and hired additional outside counsel to defend the litigation.

Within the DeFi Intel graph, Pump.fun class-action lawsuit (2025) connects to 1 tracked entity, most strongly to Pump.fun.

Relations

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Frequently asked questions

Who filed the Pump.fun class action and when?

Burwick Law and Wolf Popper LLP filed it on January 30, 2025 in the U.S. District Court for the Southern District of New York, against Baton Corporation Ltd. d/b/a Pump.fun.

What are the core legal claims?

The original complaint alleged violations of Sections 5 and 12(a)(1) of the Securities Act of 1933 — the unregistered offer and sale of securities. A consolidated amended complaint filed July 22, 2025 added RICO racketeering allegations and new defendants.

How has Pump.fun responded?

Pump.fun retained additional high-profile legal counsel to fight the suit and has contested the allegations rather than settling.