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Law Firms Demand Pump.fun To Remove Impersonating Tokens – CryptoMode

Two law firms currently engaged in legal action against popular memecoin platform Pump.fun has escalated their fight, issuing a cease-and-desist letter demanding the removal of tokens that they say impersonate their firms and infringe on their intellectual property.

Burwick Law and Wolf Popper LLP, the firms at the center of the dispute, announced that they were seeking the immediate takedown of tokens on Pump.fun that utilize their company names and logos.

The move comes as the firms pursue a proposed class-action lawsuit against the Solana-based platform, alleging it operates a scheme akin to a Ponzi scheme, targeting inexperienced investors.

In a statement, Burwick Law asserted that Pump.fun had launched these impersonator tokens “in conjunction with” third parties as part of a campaign to “intimidate” the firms’ clients and undermine their legal challenge.

The firm further claimed that Pump.fun possesses the technical capacity to remove the tokens but has “chosen not to act,” despite the potential financial and legal risks to the public.

Despite the cease-and-desist order, hundreds of memecoins seemingly mimicking or mocking Burwick Law and Wolf Popper remain actively trading on the Pump.fun platform as of this writing.

Law Firms Distance Themselves From Pump.Fun Memecoin

In the statement, the firms also distanced themselves from the Dogshit2 token, which some in the cryptocurrency linked to them over an address mentioned in these firms’ legal documents matched an address associated with the token.

In addition, social media sleuths pointed out that the token image of dogshit2 was seemingly taken from outside the apartment building where Max Burwick, Managing Partner at Burwick Law, supposedly lives.

The firms wrote:

“Our firms have no affiliation, endorsement, or ownership interest in the Dogshit2 token or any related assets. Simply put, our firms have not launched any memecoins onchain. Any further unauthorized use of our firms’ names, intellectual property, or association with this token may result in immediate legal action.”

Despite the ongoing legal battle, Pump.fun has seen record revenue last month of $121 million.

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