Only 0.4% of the 14 million crypto wallets that have interacted with Pump.fun have made a profit of over $10,000 — indicating that Burwick’s client base may be in the millions.
A US crypto law firm says it is looking to launch legal action on behalf of investors who have suffered losses due to the Solana memecoin launchpad Pump.fun.
“Today, Burwick Law is announcing publicly that we are pursuing legal action on behalf of investors in pumpdotfun memecoins,” said Burwick Law in a Jan. 15 post on X.
Burwick said the move followed “months” of working with everyday people who lost “significant amounts of money” to memecoins, rug pulls, and unfulfilled promises on platforms like Pump.fun.
