Burwick says Solana and Jito ‘co-conspired’ in $1.5B Pump Fun fraud
Burwick Law has now named Solana Labs and Jito Labs as defendants in its lawsuit against Pump Fun, accusing the pair of acting as “architects” and “coconspirators” in the memecoin platform’s fraudulent casino enterprise. The new lawsuit was filed on Tuesday, a month after Judge Colleen McMahon ordered Burwick to merge two of its Pump Fun lawsuits into the wider-scope Diego Aguilar case. All the usual Pump Fun defendants are listed, but now the Solana Labs/Foundation, Jito Labs/Foundation, along with various executives, including Jito CEO Lucas Bruder and Solana Labs CEO Anatoly Yakovenko, are included. The amended suit accuses both crypto firms of knowingly facilitating Pump Fun’s “illegal gambling and money transmission” enterprise and claims the pair “ are not bystanders to fraud ,” but rather the “architects, beneficiaries, and coconspirators,” of fraud. Burwick Law’s chief is running for NYC mayor Read more: Pump Fun co-foun...