Law firm Burwick Law intends to represent investors who have suffered losses in suing pump.fun

Burwick Law, a US law firm specializing in cryptocurrency, said it is considering representing investors who suffered losses due to pump.fun in a legal action. Burwick said the move comes after 'months' of collaborating with regular people who have lost 'significant amounts of money' on platforms such as Meme coin, Rug Pull, and pump.fun due to unfulfilled promises. The statement also adds, 'In the past few months, pump.fun has collected hundreds of millions of dollars in fees, while the platform is filled with illegal drug use, self-harm, racism, anti-Semitism, indecent behavior, violence, and other antisocial behavior.'