Illustrating the perilous Solana meme coin lawsuit, showing legal scales weighing blockchain tech against accusations of a crypto gambling scheme.
Blockchain News

Solana Meme Coin Lawsuit: Explosive RICO Suit Targets Pump.fun and Jito in $5.5 Billion Crypto Gambling Scheme

The cryptocurrency world is buzzing with a bombshell development: an amended class-action lawsuit has rocked the Solana ecosystem, directly targeting Pump.fun, Solana Labs, the Solana Foundation, Jito Labs, and the Jito Foundation. This isn’t just another legal squabble; it’s an explosive RICO suit alleging a massive $5.5 billion meme coin gambling scheme. For anyone invested […]

Solana's legal battle: RICO lawsuit implicates executives in Pump.fun's alleged illegal gambling and crypto fraud.
Blockchain News

Solana Shockwave: Explosive RICO Lawsuit Targets Pump.fun & Executives in Crypto Gambling Fraud Scandal

The cryptocurrency world is abuzz with news of a significant legal challenge, and it directly involves **Solana**. A recently expanded RICO lawsuit, initially targeting the memecoin platform Pump.fun, has now pulled in major players: the Solana Foundation, Solana Labs, Jito Labs, and their top executives, including co-founders Anatoly Yakovenko and Raj Gokal. This isn’t just […]