FullCrypto
Reading Time: 2 minutesA class-action lawsuit has been filed against Pump.Fun creator Baton Corporation Ltd. for allegedly selling unregistered securities in violation of federal law The lawsuit claims Pump.Fun’s memecoins, including the PNUT Token, are securities that were not registered with the SEC and were marketed using manipulative and misleading tactics The plaintiff accuses Pump.Fun of extracting nearly $500 million in fees and fostering risky investments…
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Pump.Fun Creator Hit With Class Action Lawsuit
Mark Hunter
08:24
Reading Time: 2 minutesA class-action lawsuit has been filed against Pump.Fun creator Baton Corporation Ltd. for allegedly selling unregistered securities in violation of federal law The lawsuit claims Pump.Fun’s memecoins, including the PNUT Token, are securities that were not registered with the SEC and were marketed using manipulative and misleading tactics The plaintiff accuses Pump.Fun
