Burwick Law and Wolf Popper Demand PumpFun Remove Tokens

They are demanding the immediate removal of the Dogshit2 token. They also want all other tokens that unlawfully use the firms’ names and intellectual property removed.

The law firms made it clear that PumpFun does not have affiliation with the Dogshit2 token or any related assets. They stated, “We have not launched any memecoins on the blockchain.”

Law Firms Call Out PumpFun for Misusing Their Name

The cease-and-desist letter comes in response to the use of Burwick Law and Wolf Popper’s intellectual property without permission. Which has led to confusion among the public and misrepresented the firms’ involvement in cryptocurrency projects. The firms emphasized that unauthorized use of their names or likenesses in connection with these tokens could lead to legal action. “This is a clear case of fraud, and we won’t stand by while our names are dragged through the mud,” said a representative from the firm.

Despite Burwick Law’s assertion that PumpFun has the technical ability to remove the offending tokens, the company has not taken action. Even though the situation poses both financial and legal risks. The firms also pointed out that PumpFun’s actions have included the use of memecoins and tokens designed to impersonate plaintiffs in ongoing litigation, threatening the integrity of the legal process.

Law Firms Warn of PumpFun’s High-Risk Token Scheme

Burwick Law and Wolf Popper LLP argue that the use of blockchain technology in this manner is not only unethical but also harmful, as it interferes with justice and due process. They warned investors to be extra cautious, as the promoters of the Dogshit2 token are pushing it as part of a high-risk pump-and-dump scheme.

The law firms are committed to holding bad actors accountable and ensuring that investors are protected from fraudulent market practices. They will continue to work with appropriate authorities to ensure the responsible parties face the consequences of their actions.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.

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