Regulation· ★★★· bearish·

New York court weighs Pump.fun internal messages on 'addictive' design

  • —The 186-page amended complaint was filed January 7, 2026, citing spring 2024 internal chats
  • —Judge McMahon dismissed claims against Solana Labs and the Solana Foundation and rejected the illegal-gambling theory
  • —RICO claims against Baton and its three co-founders remain active
  • —Pump.fun charges 1.25% per bonding-curve trade plus a 0.45% platform fee since October 17, about 3.4% round trip
Why it matters: The RICO case will test whether memecoin platform operators can be held liable for designs that encourage loss-making trading.
#PUMP#SOL
Source: Journal du Coin
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