Pumpfun hit with federal lawsuit over alleged $500M pump-and-dump scheme

Pump.fun, a Solana-based token launch platform, is facing a federal class action lawsuit alleging it orchestrated an extensive scheme to issue and promote unregistered securities, violating US securities laws, according to a Jan. 30 court filing. Diego Aguilar, a Pump.fun user, filed the lawsuit in the U.S. District Court for the Southern District of New […] The post Pumpfun hit with federal... source: https://cryptoslate.com/pumpfun-hit-with-federal-lawsuit-over-alleged-500m-pump-and-dump-scheme/