The lawsuit now includes Solana Labs and Jito Labs, with plaintiffs alleging $240,000 losses and citing 15,000 internal chats as crucial evidence in the fraud and securities case.
A class action lawsuit against Pump.fun over alleged unregistered securities and fraud has expanded to include Solana Labs and Jito Labs. Plaintiffs claim to have lost over $240,000 and intend to use 15,000 internal chat records as key evidence. Judge Colleen McMahon of the Southern District of New York has scheduled the revised complaint for January 7, 2026.