Law firms demand Pump.fun remove memecoins that infringe upon their IP
Quick Take
- Two law firms suing Pump.fun said they issued a cease and desist order to the platform — demanding the removal of memecoins that impersonate the companies.
- Burwick and Wolf Popper claimed that Pump.fun chose not to remove meme tokens made to intimidate their clients and undermine the legal action against the platform.
Burwick Law and Wolf Popper LLP, two law firms currently suing pump.fun, have issued a cease and desist letter to the Solana memecoin launchpad to remove tokens that impersonate the two companies.
In a Wednesday statement, Burwick said that the two companies demand the immediate removal of memecoins that infringe upon their intellectual property, including company names and logos.
The U.S.-based law firm claimed that Pump.fun launched such tokens "in conjunction with" third-party efforts to “intimidate” clients of the two firms and undermine their legal action against the platform. “Burwick Law confirmed that [Pump.fun] has the technical capability to remove these tokens and has chosen not to act, despite the clear financial and legal risks posed to the public,” the statement said.
Hundreds of memecoins that apparently mimic or mock Burwick and Wolf Popper remain trading on the Solana launchpad.
The law firm also demanded the removal of the Dogshit2 token, which was allegedly pushed by promoters in a “high-risk pump-and-dump” scheme.
It was reported earlier this week that some members of the crypto community suspected that Burwick and Wolf Popper were behind the Dogshit2 token, as some claimed that a blockchain address shown in the firms’ legal documents matched the address associated with the Dogshit2 memecoin. “Our firms have no affiliation, endorsement, or ownership interest in the Dogshit2 token or any related assets,” Burwick wrote. “Simply put, our firms have not launched any memecoins onchain.”
Amid Wednesday's cease-and-desist order, Dogshit2 saw over 1,000% surge in trade volume over the past day, according to data from CoinGecko. It has a market capitalization of over $8.7 billion, up 242% in the past 24 hours.
On Jan. 30, Burwick and Wolf Popper filed a proposed class-action lawsuit against Pump.fun — representing memecoin investor Diego Aguilar who claims to have suffered losses on the platform. The lawsuit claims the platform marketed tokens similar to Ponzi schemes as significantly profitable, deliberately targeting less-affluent and younger investors.
The Block has reached out to Burwick Law and Pump.fun for comment.
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