Trader suing Pump Fun still uses the platform
The lead plaintiff in a recently filed lawsuit against memecoin platform Pump Fun is reportedly still using the site despite having lost almost $50,000 trading its tokens. In the lawsuit filed yesterday by Burwick Law, its main plaintiff was shown to have lost $231 trading the Peanut the Squirrel (PNUT) memecoin. However, tracing the trader’s address reveals that his wider Pump Fun trades have lost him a total of $49,535 . So I dug into the plaintiff a little bit more. Not only is he down $50k on pump.fun trades, he’s kept trading there even after the lawsuit was filed. pic.twitter.com/CWltA3mJQO — Molly White (@molly0xFFF) January 17, 2025 Molly White shared transactions that revealed he continued to trade after the lawsuit was filed. Crypto journalist Molly White first detailed the losses, noting that the lawsuit failed to include a decimal in the token’s volume, leading some to claim that he would’ve been a billionaire if he’d held. Instead, White no...
