Memecoin cleansing. Harsh, but necessary. https://t.co/ZgyTfFGT3A
COMMENT: The memecoin launchpad was accused of housing memecoins impersonating both law firms. https://t.co/g2eZscjzqJ
🚨 Burwick Law and Wolf Popper LLP demand Pump․fun remove tokens using their intellectual property, warning of legal action. ⚖️ - Law firms say Pump․fun has the ability to remove tokens but hasn’t acted. - Some tokens allegedly aim to intimidate plaintiffs in ongoing…
Burwick Law and Wolf Popper LLP have issued a cease and desist order to the Solana-based memecoin launchpad, Pump.fun, demanding the removal of over 200 tokens that allegedly infringe on their intellectual property. The law firms assert that these memecoins are using their logos and names without permission, and they warn of potential legal action if the tokens are not removed. The firms claim that Pump.fun has the capacity to eliminate these infringing tokens but has not taken action. This legal move highlights ongoing tensions in the memecoin market, particularly surrounding issues of trademark violations and the protection of intellectual property rights.