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pump.fun Hire Prominent Lawyer to Deal with Burwick Lawsuit

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2025-06-19 00:59:44
pump.fun is hiring top lawyers to deal with a lawsuit by Burwick Law accusing pump.fun of illegally obtaining millions of dollars through the sale of "highly volatile unregistered securities" and lacking compliance that makes it potentially involved in "terrorist financing, drug dealing and other transnational crimes".
Max Burwick, founder of Burwick Law, and Wolf Popper, a law firm, are representing Kendall Carnahan and other plaintiffs in a class action lawsuit against Pump Fun. Burwick Law is a crypto-focused law firm that is currently pursuing a number of lawsuits and investigations against crypto companies and tokens. Burwick Law alleges that many of the tokens generated on pump.fun are essentially similar to a "pump and dump" model, with unfair manipulation of investors.
In response to the lawsuit, pump.fun parent company, Baton Corporation, has hired several lawyers from the renowned law firm Brown Rudnick to form a defense team, including former SEC investigator Daniel L. Sachs, crypto litigation expert Kyle P. Dorso, and veteran crypto lawyer Stephen D. Palley.
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