"Meme Coin Platform Pump.fun Faces Legal Storm Over IP Violations and Market Manipulation"

Solana-based meme coin deployer Pump.fun continues to draw legal heat as recent allegations claim some tokens launched on the platform violated intellectual property rights. On Feb. 5, Pump.fun received a cease and desist letter from U.S. law firms Burwick Law and Wolf Popper LLP, demanding the removal of several meme coins allegedly misusing their names and logos. The letter demands the “immediate removal of the Dogshit2 token” and other tokens that the firms claim were created to impersonate them. It further accuses Pump.fun of enabling these unauthorized deployments and failing to act despite having the technical ability to do so. According to law firms, these actions not only violate their intellectual property but also contribute to deceptive market practices, putting investors at risk.

To date, Pump.fun users have created hundreds of tokens, including those themed around Burwick Law, Wolf Popper LLP, and Burwick’s managing partner, Max Burwick. Burwick Law and Wolf Popper LLP also claim that Pump.fun played a role in broader efforts to “intimidate our clients and interfere with ongoing litigation.” They point to meme coins designed to impersonate plaintiffs in the lawsuit, arguing that this represents “the use of blockchain technologies as a tool for disrupting justice and due process.”

The cease and desist letter follows two class-action lawsuits against Pump.fun, both led by Burwick Law and Wolf Popper LLP on behalf of investors. The first case, filed on Jan. 16, targeted the sale of the Peanut the Squirrel token, alleging it was an unregistered security promoted through influencer-driven hype. The second lawsuit, filed on Jan. 30, expanded the allegations, naming Pump.fun’s operator, Baton Corporation Ltd, and key figures behind the platform. According to the complaint, Pump.fun allegedly profited from a pump-and-dump business model by aggressively marketing meme tokens that later lost a significant portion of its value. Plaintiff Diego Aguilar claimed he suffered losses after purchasing tokens like Fwog and Griffain, which were initially pushed to high valuations before their prices plummeted. The complaint also accused Pump.fun of extracting nearly $500 million in fees from traders while running a scheme that allegedly mirrors elements of Ponzi structures.

However, the case took an unexpected turn when community members