Solana, Pump.fun Named in Amended RICO Suit Alleging $5.5B Meme Coin Gambling Scheme
In brief A revised class action accuses Pump.fun and its infrastructure partners of operating a racketeering enterprise modeled on unlicensed gambling. Plaintiffs claim the meme coin ecosystem functioned like a digital slot machine, extracting billions from retail users. The case, brought by Burwick Law, remains unproven in court and reflects the firm’s growing presence in…
