{"id":5507,"date":"2025-06-22T18:13:11","date_gmt":"2025-06-22T18:13:11","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/pump-funs-big-launch-put-on-ice-over-legal-drama\/"},"modified":"2025-06-22T18:13:11","modified_gmt":"2025-06-22T18:13:11","slug":"pump-funs-big-launch-put-on-ice-over-legal-drama","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/pump-funs-big-launch-put-on-ice-over-legal-drama\/","title":{"rendered":"Pump.fun\u2019s Big Launch Put On Ice Over Legal Drama"},"content":{"rendered":"

Pump.fun\u2019s latest delay<\/a> has rattled its backers. The Solana\u2010based memecoin launchpad was set to raise $1\u202fbillion at a $4\u202fbillion valuation on June\u202f25. Now, the team says the sale will slip into mid\u2011July.<\/p>\n

There\u2019s no clear reason for the hold\u2011up, and users are on edge. Investors who queued up months ago are left wondering if they\u2019ll ever see a token in their wallets.<\/p>\n

Token Sale Pushed Into Mid\u2011July<\/strong><\/h2>\n

According to reports on June\u202f20, Pump.fun<\/a> first hinted at raising $1\u202fbillion<\/a> at a $4\u202fbillion valuation. The sale was supposed to start on June\u202f25. Instead, the launchpad now aims for mid\u2011July. That\u2019s at least a 10\u2011day shift, and possibly longer.<\/p>\n

Users who planned around the June date have to sit tight again. Frustration is growing in online chat groups, where some members point fingers at the core team for poor communication.<\/p>\n

\n

Exclusive: The Pumpfun token auction and listing, originally scheduled for June 25, has been postponed again and is now expected to take place in mid-July.<\/p>\n

Sources familiar with the matter disclosed that since Pumpfun began planning to issue and auction tokens late last year,\u2026 pic.twitter.com\/UD0xIb45FA<\/a><\/p>\n

\u2014 Wu Blockchain (@WuBlockchain) June 20, 2025<\/a><\/p>\n<\/blockquote>\n

Lawsuit Accuses Platform Of Securities Violations<\/strong><\/h2>\n

On January\u202f15, Burwick Law filed a class action lawsuit against Pump.fun. The complaint alleges the platform acted as an unregistered securities exchange. It also claims that Pump.fun pumped token prices to lure in retail investors.<\/p>\n

According to the complaint, many users saw their holdings plunge in value<\/a> after the hype died down. Max Burwick, the firm\u2019s founder, called the platform \u201ca modern pyramid scheme dressed as a viral meme economy.\u201d<\/p>\n


\nTrademark Claims Lead To Cease\u2011And\u2011Desist<\/strong><\/p>\n

Based on reports from February, Burwick Law teamed up with Wolf Popper LLP to issue a cease\u2011and\u2011desist order. They argue that several user\u2011generated memecoins on Pump.fun infringe on trademark rights.<\/p>\n

That move opened another front of legal risk. Projects tied to big brands or franchises suddenly faced takedown notices. Pump.fun says it\u2019s beefed up its legal team, but it hasn\u2019t shared details on how it plans to settle trademark disputes.<\/p>\n

\n

IT’S NOT JUST PUMP FUN! \"\ud83d\udea8\"<\/p>\n

Major CT suspensions (Ongoing Tracker)<\/p>\n

Here’s what we\u2019ve got so far \"\ud83d\udc47\ud83c\udffc\"<\/p>\n

GMGN-Linked Accounts@gmgnai<\/a> @haze0x<\/a> \u2014 Founder@arthur_gmgn<\/a> \u2014 Co-founder@Ga__ke<\/a> \u2014 Affiliate (?)@brc20niubi<\/a> \u2014 Affiliate@Wolfy_XBT<\/a> \u2014 Affiliate@0xcryptowizard<\/a> \u2014 Affiliate\u2026 pic.twitter.com\/u5WbYP3rJD<\/a><\/p>\n

\u2014 \u00d8tto\"\u26a1\" (@0xottoman) June 16, 2025<\/a><\/p>\n<\/blockquote>\n

X Account Suspensions Raise Eyebrows<\/strong><\/p>\n

On June\u202f16, Pump.fun\u2019s official X accounts were locked without warning. An X user known as Otto logged more than 30 profiles that went dark, including handles linked to GMGN and Bloom trading groups. The accounts came back online after a few days, but no one got an explanation.<\/p>\n

Some users suspect a regulator asked for the takedown. Others think it was trademark owners flexing their muscles. Either way, the episode fed more chatter about external pressure on the platform.<\/p>\n

Featured image from Pexels, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Pump.fun\u2019s latest delay has rattled its backers. The Solana\u2010based memecoin launchpad was set to raise $1\u202fbillion at a $4\u202fbillion valuation on June\u202f25. Now, the team says the sale will slip into mid\u2011July. There\u2019s no clear reason for the hold\u2011up, and users are on edge. Investors who queued up months ago are left wondering if they\u2019ll…<\/p>\n","protected":false},"author":1,"featured_media":5508,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[205],"tags":[34,56,36,116,1406,82,2105],"class_list":["post-5507","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-solana","tag-altcoins","tag-bitcoin","tag-crypto","tag-memecoins","tag-pump-fun","tag-solana","tag-token"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/5507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=5507"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/5507\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/5508"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=5507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=5507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=5507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}