Fri 31. January 2025 ▪
3
min at reading ▪
The collective attraction was filed against the pump.fun, the same platform for creating semorations on the blockchain Solana, charges of selling unregistered titles and promoting diagrams of “pump-a tum”. The complaint filed on January 30, 2025 before the Federal Court in New York, Diego Aguilar, claims that all the crypts set on the pump.
According to the complaint, the pump.Fun would use aggressive marketing techniques to create an artificial need around highly volatile chips, resulting in significant losses for private investors. The crypto platform is accused of operating with the influence to emit and promote these unregistered titles, which is the development of pyramids Ponzi and pumping and dump.
Aguilar claims to have bought several of the same through the pump.Fun and seeks to obtain the cancellation of these purchases, compensation for the investors and also the payment of the court costs.
This legal steps are governed by the announcement in mid -January by the US legal company Burwick Law, specializing in crypto, which has already assumed a similar action against the pump.Fun. The cabinet said he had worked for several months with individuals who had passed significant losses due to the same “carpet of the sweater” and did not promise promises on platforms such as pump.fun.
Pump.Fun forbidden in the UK!
In December 2024, British Markets Authority (FCA) banned access to the pump. In addition, the crypto platform was criticized for allowing the spread of inappropriate content during its living transitions, in particular the threat of violence and anti -social activities, which has led to the suspension of this functionality.
These events emphasize the risks associated with investment in the same and the need for increased regulation in the field of investors’ crypto protection against fraudulent practices from platforms such as pump.fun.
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The world is evolving and adaptation is the best weapon that survives in this undulating universe. I am interested in everything about blockchain and its derivatives. To share my experience and promote an area that fascinates me, nothing better than writing informative and relaxed articles simultaneously.
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The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.