Solana, Jito Executives Named in Expanded $722M Pump.fun Lawsuit

Burwick Law names Solana co-founders and Jito executives as defendants in an expanded lawsuit against Pump.fun. The plaintiff alleged violations of U.S. financial crime laws, including RICO and anti-money laundering regulations. The complaint links Pump.fun to North Korea’s Lazarus Group and the Bybit hack. The lawsuit against meme coin platform Pump.fun escalated further into the law firms Burwick Law and Wolf Popper now naming senior leaders from Solana Labs and Jito Labs as defendants. The lawsuit claims these top executives participated in large-scale illegal gambling and laundering schemes disguised as a memecoin platform. Solana and Jito leaders named as “co-conspirators” In an amended complaint filed yesterday, July 23, the legal teams named Solana co-founders Anatoly Yakovenko and Raj Gokal as co-conspirators, alongside Solana Foundation executives Dan Albert, Lily Liu, and Austin Federa. Related: Burwick Law Challenges Metaplex’s Move to Seize Unclaimed Solana Tokens Also named were Jito Labs CEO Lucas Bruder and COO Brian Smith, in addition to Pump.fun founders Alon Cohen, Dylan Kerler, Noah Bernhard, and Hugo Tweedale. The suit… The post Solana, Jito Executives Named in Expanded $722M Pump.fun Lawsuit appeared first on Coin Edition .

Source: Coin Edition