Two well-known U.S. law firms, Burwick Law and Wolf Popper LLP, have taken legal action against Pump.fun, a memecoin creation platform on the Solana blockchain. The firms sent a cease and desist letter demanding that Pump.fun remove more than 200 tokens that allegedly misuse their names, logos, and even the images of their employees.
One of these tokens, infamously known as “Dog Shit Going NoWhere” (DOGSHIT2), has drawn particular attention for supposedly mimicking the firms’ identities and causing both legal and financial harm.
According to the firms, these tokens aren’t just simple imitations, they are part of a broader scheme to mislead investors. Burwick Law and Wolf Popper claim that by allowing these tokens to be created and distributed, Pump.fun is not only infringing on their intellectual property rights but also contributing to an effort aimed at intimidating their clients and disrupting the legal process. The tokens reportedly include references to one of the lawsuit’s plaintiffs, adding another layer to the controversy.
The dispute dates back to January 30, 2025, when the law firms initiated a class-action lawsuit against Pump.fun. They accused the platform of promoting unregistered securities through highly volatile memecoins, which they say led to significant financial losses for many retail investors.
The lawsuit also alleges that Pump.fun, which is operated by the UK-based Baton Corporation, engaged in deceptive marketing practices, creating artificial market movements and running “pump-and-dump” schemes. The lawsuit even claims that Pump.fun made nearly $500 million from these questionable activities.
As of now, Pump.fun has not addressed the cease and desist letter or the legal proceedings. How the platform hews to those issues could prove critical to its future. If Pump.fun doesn’t take measures to remedy things, it may be looking at very serious legal consequences.
This challenge is to Pump.fun is riding a wave of popularity. The platform in recent days recorded a record-breaking week of trading volume at $3.3 billion, with the activity, in part, fueled by the launch of Trump-themed memecoins. But the law firms have cautioned that any additional unauthorized use of their intellectual property would result in additional legal action, suggesting that this dispute could be just the opening of a long-contested war.
Also Read: Jupiter’s X Account Hacked to Promote Fake $MEOW Tokens
