Law firm Burwick Law launches legal action against Pump.fun

PANews reported on January 16 that Burwick Law announced that the law firm is launching legal proceedings on behalf of Pump.fun memecoin investors, claiming that investors have suffered losses due to these tokens and may be eligible for compensation. Affected persons can participate in the case by filling out a free questionnaire through its official website. Data shows that of the 14 million wallets that interacted with Pump.fun, only 0.4% made profits of more than $10,000, and the number of potential victims may reach millions.

Burwick Law has previously stated that it has nothing to do with any tokens using its name or image, and emphasized that it is committed to bringing accountability to the crypto industry. The current case focuses on potential fraud or manipulation of Pump.fun tokens.