Pump.fun’s lawsuit takes a dark turn—Max Burwick alleges family attacks

Pump.fun’s lawsuit takes a dark turn—Max Burwick alleges family attacks


Burwick, leading the case against Pump.fun, says that the platform has enabled the offensive tokens targeting his family in order to intimidate him.

PumpA launch of largely used memes currency built on the Solana (GROUND) Blockchain, gained ground as a platform where users can create, exchange and speculate on the tokens in a few minutes.

Although it has fueled excitation in the Degen commercial community, it has also raised concerns concerning market manipulation, carpet prints and unregistered titles.

During the last month, Pump.fun became the center of a legal battle, faced with several legal proceedings From Burwick Law, who alleges that the platform benefits from the artificial swelling of chip prices before inevitably crashes.

What started as a regulatory and financial dispute has now taken on a personal dimension.

The legal fight, led by lawyer Max Burwick, has increased beyond the audience room, Burwick alleging that Pump.fun is used for target and his family.

Tokens referring to her cognitive handicapped sister, to her widowed mother, and to fundraising efforts that have been linked to them have surfaced on the platform.

In a statement to crypto.news, he said:

“I expect the opposition in my work, but I will not tolerate threats and harassment intended for my family.”

Before treating these allegations, it is important to examine the current legal battle that led to this situation.

Pump.Fun legal problems and stop and abstain

The first major trial against Pump.fun was filed on January 16 by Burwick Law and Wolf Popper LLP. The complaint accused the platform of raping American securities laws by facilitating the sale of titles not recorded under the guise of tokens even.

The case focused on the peanut of the squirrel (Hoist), a token that would have experienced a wave of artificial prices due to influencer promotions, to collapse shortly after – leaving traders with significant losses.

On January 30, a second trial widened the allegations against Baton Corporation LTD, the operator of Pump.fun, and key individuals behind the platform.

This time, the complaint accused the company of managing a pump and dump model, extracts nearly $ 500 million from merchant fees while aggressively marketing tokens that later lost most of their value.

Investor Diego Aguilar, one of the complainants, cited his losses on tokens such as FWOG and Griffain, who were strongly promoted before undergoing net price reductions.

By February 5, the legal campaign degenerate With a letter to stop and abstain from Burwick Law and Wolf Popper LLP. The letter required the withdrawal of several tokens that abuse names, including Dogshit2 and others linked to their companies.

The letter warned that a continuous inaction could lead to new legal consequences, arguing that these deployments of unauthorized tokens were not only misleading but also legally exploitable.

Harassment allegations and Burwick’s response

While prosecution against Pump.

Among the tokens, there was “helping Max Burwick Sister (Rachel)” and “Max Burwick Delay Sister (Rachel)”, referring to his cognitive handicapped sister. Others would have used the image of his mother.

The trial of Pump.fun takes a dark turn - Max Burwick alleges family attacks - 1
The trial of Pump.fun takes a dark turn - Max Burwick alleges family attacks - 2

Burwick has since submitted a police report and has intensified the situation in a criminal investigation. Speaking on the issue, he said:

“As a lawyer, my responsibility is to represent my clients with zeal. I expect the opposition in my work, but I will not tolerate threats and harassment intended for my family. Pump.fun facilitated and continues to facilitate the sale of tokens containing the personal information of my family, including images of my mother in mourning – of which my father, my father, died less than a year ago – and My disabled cognitive sister. “”

Beyond targeting his family, Burwick says that these tokens are used for unauthorized fundraising efforts, deceiving the public to believe that the funds are directed to his family when they are not.

“It is not only a targeted harassment, but a direct attempt to intimidate me to continue disputes in the name of my clients. Even more disturbing, the platform allows efforts to collect unauthorized funds using these images, misleading the public to believe that these efforts benefit my family when they do not. »»

Burwick stressed that these actions will not dissuade him to continue the case.

“As a result, I filed a police report and increased this issue to a criminal investigation. I also expect my family to do the same. These tactics will not dissuade me from representing my clients with zeal, at best of my capacities and within the limits of the law. »»

He also thought about the emotional assessment that the situation has taken on his family, in particular his sister, who, according to him, does not even understand what is happening.

“It’s sad to see people use my sister in this way. She will not understand this because she is so limited in her cognitive abilities, but that says a lot about people and their priorities. His photo was taken from a real fundraising. »»

Crypto.News has not yet been able to reach Pump.fun to comment on these developments.

Post Comment