JUST IN: PumpDotFun has been hit with a proposed class-action lawsuit alleging violations of U.S. securities laws

The lawsuit accuses Pump AND its executives

For generating nearly $500 million in fees while operating as an unregistered securities issuer 💀

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more like operating as an unregistered exchange unless they themselves also were issuing tokens/coins.

It’s a mafia. The government is a mafia. Fuck them.