{"id":8688,"date":"2025-01-31T13:54:38","date_gmt":"2025-01-31T13:54:38","guid":{"rendered":"https:\/\/icobench.com\/?p=8688"},"modified":"2025-01-31T14:38:13","modified_gmt":"2025-01-31T14:38:13","slug":"memecoin-generator-pump-fun-hit-with-second-lawsuit-in-us","status":"publish","type":"post","link":"https:\/\/icobench.com\/news\/memecoin-generator-pump-fun-hit-with-second-lawsuit-in-us","title":{"rendered":"Memecoin Generator Pump.fun Hit With Second Lawsuit in US"},"content":{"rendered":"

Popular Solana memecoin generator platform Pump.fun has been slapped with a class-action lawsuit in the US for allegedly selling highly volatile unregistered securities presented as memecoins.<\/p>\n

The suit was filed<\/a> by Diego Aguilar in a New York federal court on 30 January. Notably, though Aguilar invested in three tokens, the complaint claims that all coins on this platform are actually \u201cunregistered security memecoins.\u201d<\/p>\n

Therefore, it says, the company made almost $500 million in fees by violating US securities laws.<\/p>\n

\n

**LAWSUIT ALERT**<\/p>\n

Burwick Law and @WolfPopperLLP<\/a> have filed a second federal class action lawsuit on behalf of investors against the PumpdotFun platform.<\/p>\n

Full complaint available below.<\/p>\n

— Burwick Law (@BurwickLaw) January 30, 2025<\/a><\/p><\/blockquote>\n