Pump.fun, a platform known for creating memecoins on the Solana blockchain, received a cease and desist letter from US law firms Burwick Law and Wolf Popper. The letter, dated February 5, demands the immediate removal of certain tokens, including Dog Shit Going NoWhere (DOGSHIT2), that allegedly infringe on the firms’ intellectual property by using their logos and names without permission.
According to Burwick Law, since the class action lawsuit was filed against Pump.fun last week, the platform has created over 200 tokens that misuse the intellectual property of Burwick Law and Wolf Popper. The tokens reportedly include the names and logos of the law firms, as well as those of Burwick Law employees and one of their clients involved in the ongoing lawsuit.
The law firms assert that Pump.fun has the capability to remove these tokens but has elected not to do so, thereby exposing the public to financial and legal risks. The cease and desist letter also accuses Pump.fun of launching tokens in a manner that could intimidate plaintiffs and interfere with the legal process, with the creation of memecoins that mimic the plaintiffs being a particular point of contention.
Burwick Law’s managing partner, Max Burwick, has refuted claims that the firm was involved in the creation of the DOGSHIT2 token, which some speculated was made to support their case against Pump.fun. Burwick clarified that the token was only a "memory on the server" until Pump.fun deployed it onchain, which happens when a first buyer makes a purchase.
Burwick Law and Wolf Popper initiated a proposed class-action lawsuit on January 30 on behalf of investors. The lawsuit accuses Pump.fun of generating nearly $500 million in fees from creating what they allege are unregistered securities. The legal action, filed by Diego Aguilar in a New York federal court, claims that Pump.fun, supposedly operated by the UK-based Baton Corporation, engaged in guerilla marketing that led to significant losses for retail investors.
Moreover, the lawsuit accuses Pump.fun of violating the Securities Act and seeks various forms of relief, including the rescission of all token purchases, monetary damages for investors, and coverage of litigation expenses. Pump.fun experienced a surge in activity last week, hitting a record $3.3 billion in weekly trading volume, which coincided with the release of Trump family-themed memecoins.
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