@frankkinova
A class-action lawsuit has been filed directly against Pump. fun and this one isn’t minor noise.
The core accusation is insider advantage by design. Early buyers had built-in priority faster execution, cheaper entries, and near-guaranteed exits while retail traders repeatedly ended up as exit liquidity.
What really raises the stakes is the Solana angle.
The lawsuit argues Solana’s infrastructure itself enabled unfair transaction ordering. Validator setup and transaction-priority mechanics are directly cited, pushing legal risk straight onto the chain layer.
The case is being framed as a $5.5B lawsuit, based on alleged total investor losses. The final liability, will ultimately be decided by the court.
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