According to Jincai Finance, law firms Burwick Law and Wolf Popper have expanded their lawsuit against the Memecoin platform Pump.fun, listing the Solana Foundation, Solana Labs, Jito Labs, and several of their executives as “co-conspirators.” They are accused of illegal gambling, wire fraud, securities fraud, intellectual property theft, and unlicensed money transmission. The complaint claims that this platform is suspected of operating a “casino-like” system that facilitates money laundering, terrorist financing, and sex trafficking, and is also accused of assisting the North Korean hacking group Lazarus in laundering $1.5 billion. Solana and Jito have not yet responded. The plaintiffs are seeking accountability from all organizations and individuals involved in the “illegal encryption casino scheme.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
