Solana-based meme coin deployed pump. Fun has continued legal heat as recent allegations claim that some tokens launched on the stage violate intellectual property rights.
On 5 February, pump. There was a struggle and desired letter Released American law firms pump by Bervic Law and Wolf Popper LLP.
A conflict and desired letter is a formal legal notice that demands that a person or unit immediately prevents an alleged illegal activity to avoid legal action.
The letter “Dogshit 2 removes 2 tokens immediately” and demands other tokens that firms were designed to copy them. It further accuses the pump. Despite having a technical ability to enable these unauthorized deployment and do so, accuses them of failing to work.
According to law firms, these actions not only violate their intellectual property, but also contribute to misleading market practices, putting investors at risk.
To date, pump.fun users have created hundreds of tokens, including the themed around Max Bervik, the managing partner of Barvik Law, Wolf Popper LLP and Barvik.
Barwick Law and Wolf Popper LLP also claimed that the pump. Fun “played a role in widespread efforts to intimidate our customers and intervene in ongoing litigation.”
They point to the meme coins designed to apply the plaintiff in the lawsuit, arguing that it “represents the use of blockchain technologies as a tool to” justice and disrupt the fixed process. “
A part of the conflict and the desired letter warned, “Any unauthorized use of our firms, intellectual property, or any unauthorized use of association with this token can lead to immediate legal action.”
The struggle and the desired letter follows the cases of two classes against the pump.
First case, Filed 16 people. The second lawsuit filed on 30 January expanded the allegations, naming pump. Fun’s operator, Baton Corporation Limited and major figures behind the stage.
According to the complaint, the pump. Fun reportedly earned an aggressively by marketing meme tokens from a pump-end-dump business model, which later lost a significant part of its value.
The plaintiff Diego Aguler claimed that he suffered defeat after buying tokens such as FWOG and Griffen, which was initially pushed for high evaluation before their prices fell. The complaint also accused the pump. Alleging a plan alleging withdrawn fees of about $ 500 million from traders, which reportedly reflects elements of Ponzi structures.
However, the case took an unexpected turn when the community members analyzed the performance of the trial C, showing how tokens can be easily made on the pump.
Dog Shit is not going anywhere (Dogshit 2) Some community members became the center of controversy after the discovery of a wallet address mentioned in the case of firms against the pump. This caused speculation that Barvik and the law may have deployed tokens to strengthen their case.
Meanwhile, people wearing meme coins have benefited from the dispute, as Dogshit 2 has increased by more than 170% in the last 24 hours, which has reached all time of $ 0.01437 on 6 February.
As at the time of publication, pump.fun has so far released an official statement about the allegations or responded to the conflict and the desired letter.
