- Solana-based meme coin platform Pump.fun is facing legal challenges due to allegations of intellectual property violations from Burwick Law and Wolf Popper LLP.
- This legal action adds to the growing scrutiny of Pump.fun, which has recently faced criticism over the misuse of its livestream feature.
On February 5, 2025, U.S. law firms Burwick Law and Wolf Popper LLP issued a cease and desist letter to Pump.fun, demanding the immediate removal of several meme coins that allegedly misuse their clients’ names and logos. The letter calls for the deletion of the “Dogshit2” and other tokens purportedly created to impersonate their firms.
FOR IMMEDIATE RELEASE
Burwick Law and Wolf Popper LLP Demand Baton Corp. DBA, PumpFun Immediately Remove Tokens Deployed On The Solana Blockchain By Pumpfun That Utilize Unlicensed Intellectual Property In An Effort to Impersonate Our Law Firms, And Remove The Likeness Of Any…
— Burwick Law (@BurwickLaw) February 5, 2025
The letter explicitly states:
Our firms have no affiliation, endorsement, or ownership interest in the Dogshit2 token or any related assets. Simply put, our firms have not launched any meme coins on-chain. Any further unauthorized use of our firms’ names, intellectual property, or association with this token may result in immediate legal action.
The law firms contend that Pump.fun possesses the technical ability to remove these tokens but has deliberately chosen not to, ignoring the evident financial and legal risks to the public. Beyond the alleged IP violations, Burwick Law and Wolf Popper LLP assert that the platform has enabled token launches designed to target and intimidate their clients, as well as obstruct ongoing lawsuits.
They also accuse Pump.fun of being exploited to undermine justice and due process. In addition, the firms have issued a warning to investors, urging caution as promoters aggressively push Dogshit2, labeling it a high-risk pump-and-dump scheme.
Lawsuits Targeting Pump.fun
As we reported in January, law firms Burwick Law and Wolf Popper LLP filed a federal class-action lawsuit against Pump.fun, accusing the platform of exploiting retail investors by promoting and trading controversial meme-coins. The lawsuit alleges that Pump.fun facilitated the launch of over 6.12 million tokens, many of which quickly lost value.
Now, the legal pressure is mounting. On Thursday, Pump.fun was hit with another proposed class-action lawsuit, claiming the company and its executives raked in nearly $500 million in fees while violating U.S. securities laws. According to the complaint, Pump.fun allegedly generated massive profits by aggressively marketing meme tokens that later collapsed. Plaintiff Diego Aguilar stated that he suffered losses after investing in tokens like Fwog and Griffain, which initially surged but soon crashed.
**LAWSUIT ALERT**
Burwick Law and @WolfPopperLLP have filed a second federal class action lawsuit on behalf of investors against the PumpdotFun platform.
Full complaint available below.
— Burwick Law (@BurwickLaw) January 30, 2025
The case took an unexpected twist when community members analyzed Exhibit C of the lawsuit, revealing how effortlessly tokens can be created on Pump.fun. Ironically, the legal battle has benefited DOGSHIT2 holders, with the token surging over 170% earlier this week to reach an all-time high of $0.01437. Meanwhile, Pump.fun continues to thrive, hitting a record-breaking $3.3 billion in weekly trade volume, fueled in part by the debut of Trump family meme coins.
