Comfortable pumps for pumps, a platform that allows you to introduce coins for salting, are still connecting. AND Second process He was submitted against the platform, claiming that he is involved in dishonest actions and violates American provisions on securities.

This development joins the list of growing controls towards coin designs, especially those accused of pumping and asshole programs.

The up-to-date lawsuit claims that violations of securities

A collective complaint, filed by Burwick Law and Wolf Popper LLP, claims that Pump.fun He sold unregistered securities pretending to be meme coins.

In the complaint, it is claimed that The company misled investors For buying tokens that had little internal value for outsiders who drew profits at their own expense. It raises many regulatory questions regarding the coin platforms – regardless of whether they are subject to jurisdiction of securities.

** warning about the lawsuit **

Law Burwick and @Wolfpopperllp They filed a second federal collective claim on behalf of investors against the Pumpdotfun platform.

Full complaint available below.

– Burwick Law (@burwicklaw) January 30, 2025

The legal team behind the claim claims that Pump.Fun operations resemble classic financial fraud tactics. Enabling quick creation and trade meme coinsThe platform could facilitate programs in which early investors benefit at the expense of later participants.

In this lawsuit there is earlier legal proceedings, which directed the pump. FUN for similar reasons, which indicates the model of legal challenges for the platform.

Regulatory authorities and experts weigh

Legal experts and regulatory bodies strictly observe the development of the situation, and some operate the comparison of the model of a given platform and multi -level marketing fraud.

The founder of Burwick Law, Max Burwick, was noisy in the scope of various threats associated with the MEME coins platforms, stating that they are in the gray zone, in which the upcoming enforcement will be very strict.

Thanks to the upcoming legal ads, I want to submit my personal position in the operate of commonly available memecoin. Read it below. Please share! pic.twitter.com/adndcqnrxh

– Max Burwick (@burwick_max) January 15, 2025

The cryptographic market aims to limit illegal financial activities, so platforms such as pumps.

Investor protection groups also sought clearer rules for meme coins and their status and classification in accordance with the law of securities. If the.fun pump is found guilty of selling unregistered securities, it may determine the standard for other cryptographic pages.

Hype or coin market manipulation?

The claim also indicates a more general problem: a debate on meme coins. For some, these are lighter, fun aspects of the cryptographic market. However, for others they create a path for mass manipulation in markets.

Meme coins often see extremely rapid increases and falls, which leads to huge losses for slow investors, and critics say places such as a pump. Fun lives from artificial noise instead of values.

A distinguished painting with CCN, TradingView chart