July 27, 2025

Solana, Pump.fun Named in Amended RICO Suit Alleging $5.5B Meme Coin Gambling Scheme

A class action lawsuit filed in the Southern District of New York alleges that Pump.fun and its infrastructure partners—including Solana Labs, the Solana Foundation, Jito Labs, and Jito Foundation—are operating a coordinated racketeering enterprise that …

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