Burwick Law and Wolf Popper LLP issued a cease-and-desist letter demanding the removal of fraudulent tokens linked to their names.
The law firms clarified they have no affiliation with the DOGSHIT2 token or any other memecoins.
Pump.fun is accused of collaborating with third parties to create tokens designed to intimidate clients and disrupt ongoing legal processes.
Burwick Law and Wolf Popper LLP have that the Solana meme coin creation platform Pump.fun remove tokens that falsely claim ties to their firms. The law firms issued a cease-and-desist order, calling for the immediate removal of a token called Dog Shit Going NoWhere (DOGSHIT2) and other tokens that misuse their intellectual property.
In a statement on X, Burwick Law emphasized that they have no connection to DOGSHIT2 or any other memecoin and made it clear that they have not launched any on-chain assets. They stated:
“Our firms have no affiliation, endorsement, or ownership interest in the Dogshit2 token or any related assets. Simply put, our firms have not launched any memecoins onchain. Any further unauthorized use of our firms’ names, intellectual property, or association with this token may result in immediate legal action.”
“Our firms have no affiliation, endorsement, or ownership interest in the Dogshit2 token or any related assets. Simply put, our firms have not launched any memecoins onchain. Any further unauthorized use of our firms’ names, intellectual property, or association with this token may result in immediate legal action.”
Allegations of Intimidation and Interference in Legal Proceedings
Pump.fun was recently hit with a proposed class-action lawsuit for allegedly promoting unregistered securities in violation of US law. The lawsuit was filed on January 30 by Diego Aguilar, a platform user, and is being represented by Burwick Law. The platform was accused of running a pump-and-dump scheme, generating nearly $500 million in fees from selling unregistered tokens. The lawsuit claims violations of the Securities Act and seeks the cancellation of all token purchases, financial compensation for investors, and coverage of legal expenses.
In its latest letter, the law firm claimed that Pump.fun collaborated with third parties to create tokens aimed at intimidating their clients and interfering with ongoing legal proceedings. They claim these actions, which include impersonating plaintiffs in lawsuits, amount to using blockchain as a tool to obstruct justice. They wrote:
“Additionally, PumpFun launched tokens through, and in conjunction with, the efforts by third parties to intimidate our clients and interfere with ongoing litigation. These efforts include the creation of memecoins that impersonate our plaintiffs. These acts represent the use of blockchain technologies as a tool for disrupting justice and due process.”
“Additionally, PumpFun launched tokens through, and in conjunction with, the efforts by third parties to intimidate our clients and interfere with ongoing litigation. These efforts include the creation of memecoins that impersonate our plaintiffs. These acts represent the use of blockchain technologies as a tool for disrupting justice and due process.”
Investors Warned of High-Risk Pump-and-Dump Scheme
Max Burwick, managing partner of Burwick Law, previously denied any role in creating the DOGSHIT2 token, which some suspect was created to support the lawsuit against Pump.fun. He explained that the token existed only as data on a server and wasn’t officially created until Pump.fun placed it on-chain when a buyer initiated a purchase.
According to the law firms, Pump.fun has the technical capability to remove these tokens but has refused to do so, despite the financial and legal risks posed to investors. The law firms warned investors about DOGSHIT2, describing it as part of a risky pump-and-dump scheme.
“Investors should be extremely cautious, as promoters are actively pushing the Dogshit2 token in a high-risk pump-and-dump scheme,” the firm wrote.
This lawsuit adds to the mounting legal challenges Pump.fun has faced recently. The platform has already been sued over its involvement in launching the PNUT and HAWK tokens.