Meme Coins Alleged to be Securities in Two New Class Actions

On January 16 and January 30, two related class actions were filed in the US District Court for the Southern District of New York against Baton Corporation LTD (Pump.Fun) and its founders. The complaints allege that Pump.Fun promoted and sold unregistered securities in the form of meme coins created and sold on its platform....
By: DLA Piper

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