#Law firm sues Pump.fun#

Burwick Law, a U.S. cryptocurrency law firm, announced it is taking legal action against Pump.fun, a platform for memecoins on the Solana blockchain, representing investors who have lost money investing in memecoins on the platform. Burwick Law stated that they have been working with numerous retail investors who have lost "significant funds" due to rug pulls, broken promises, and more, for months. The law firm is launching a legal action on behalf of Pump.fun memecoin investors, claiming that investors who have suffered losses due to these tokens may be eligible for compensation. Affected individuals can participate in the case by filling out a free questionnaire through their website. Burwick Law previously stated that they are not affiliated with any token using their name or image and emphasized that they are committed to bringing accountability to the cryptocurrency industry. The current case focuses on potential fraud or manipulation of the Pump.fun token.