Pump.fun Delays $1B Token Sale Amid Legal Woes

Pump.fun Delays $1B Token Sale Amid Legal Woes
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Pump.fun, a Solana-based memecoin launchpad, has delayed its $1 billion token sale to mid-July, sparking investor frustration. The platform also faces legal challenges, including a securities lawsuit and trademark disputes.

  • Pump.fun's $1B token sale delayed to mid-July, causing investor unrest.
  • Class-action lawsuit alleges securities violations and price manipulation.
  • X account suspensions and trademark disputes add to platform's legal risks.
Related Tags: Solana
Other Tags: GMGN, Pump.Fun
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