Pump.Fun面临第二起诉讼，指控欺诈活动和违反证券

Pump.Fun的困境，即允许在Solana上推出模因硬币的平台，请继续堆积。对该平台提起了第二起诉讼

A second lawsuit has been filed against Pump.fun, a platform that enables the launch of meme coins on Solana, alleging fraudulent activities and violations of US securities laws.

为Pump.Fun提起了第二起诉讼，该平台使该平台能够发起有关Solana的模因硬币，指控欺诈活动和违反美国证券法的行为。

This development adds to the increasing scrutiny faced by meme coin projects, particularly those accused of being pump-and-dump schemes.

这一发展增加了模因硬币项目所面临的越来越多的审查，尤其是那些被指控是泵送计划的项目。

The class-action complaint, filed by Burwick Law and Wolf Popper LLP, alleges that Pump.fun has been offering unregistered securities in the guise of meme coins.

Burwick Law和Wolf Popper LLP提出的集体诉讼投诉称，Pump.Fun一直以Meme Coins为幌子提供未注册的证券。

According to the complaint, the company misled investors into purchasing the tokens, which had little to no intrinsic value, while insiders profited at their expense.

根据投诉，该公司误导了投资者购买代币，而代币几乎没有内在价值，而内部人士则以牺牲自己的费用。

The complaint raises a host of regulatory questions regarding meme coin platforms and whether or not they fall under the jurisdiction of securities laws.

该投诉提出了许多有关模因硬币平台的监管问题，以及它们是否属于证券法的管辖权。

Burwick Law and @WolfPopperLLP have filed a second federal class action lawsuit on behalf of investors against the PumpdotFun platform.

Burwick Law和@WolfPopperllp已代表投资者针对PumpDotFun平台提起了第二起联邦集体诉讼。

Full complaint available below.

下面有完整的投诉。

The legal team behind the lawsuit argues that Pump.fun’s operations resemble classic financial fraud tactics.

该诉讼背后的法律团队认为，pump.fun的运营类似于经典的财务欺诈策略。

By allowing the rapid creation and trading of meme coins, the platform may have facilitated schemes where early investors benefit at the cost of later entrants.

通过允许快速创建模因硬币和交易，该平台可能会促进了计划，即早期投资者以后来的参与者的成本受益。

This lawsuit follows a previous legal action that targeted Pump.fun for similar reasons, indicating a pattern of legal challenges for the platform.

该诉讼遵循以前针对泵的法律诉讼，出于类似的原因，表明该平台的法律挑战模式。

Regulators and legal experts are closely following the development of the situation, with some drawing comparisons between the given platform’s model and multi-level marketing scams.

监管机构和法律专家正在紧密遵循情况的发展，并在给定平台的模型和多层次营销骗局之间进行了一些绘画比较。

Founder of Burwick Law, Max Burwick, has been outspoken regarding the risks involved in meme coin platforms, stating that they fall within a gray area where upcoming enforcement will be much strict.

伯威克·劳（Burwick Law）的创始人麦克斯·伯威克（Max Burwick）在模因硬币平台中涉及的风险直言不讳，并指出他们属于即将执行的灰色区域。

With impending legal announcements, I want to make my personal position on the exploitation of memecoins widely available.

随着即将发布的法律公告，我想在广泛使用的模因中的剥削方面立场。

The crypto market aims to reduce illegal financial activities, so platforms like Pump.fun may face a lot of pressure to follow current laws.

加密市场旨在减少非法财务活动，因此诸如Pump.Fun之类的平台可能会面临巨大的遵守当前法律的压力。

Moreover, investor protection groups have been seeking clearer rules about meme coins and their status and classification under securities law.

此外，投资者保护小组一直在寻求有关模因硬币及其根据证券法的地位和分类的更明确的规则。

If Pump.fun is found guilty of selling unregistered securities, it could set a standard for other crypto sites.

如果发现Pump.Fun犯有销售未注册证券的罪名，则可以为其他加密网站设定标准。

The Hype or Market Manipulation of Meme Coin

模因硬币的炒作或市场操纵

This lawsuit also highlights a broader discussion about meme coins.

该诉讼还强调了有关模因硬币的更广泛讨论。

While some view them as the lighter, fun aspects of the crypto market, others see them as a tool for mass manipulation in the markets.

虽然有些人将它们视为加密货币市场的较轻，有趣的方面，但另一些人则将其视为在市场上进行大规模操纵的工具。

Meme coins are typically known for their rapid rises and falls, leading to massive losses for late investors, with critics arguing that platforms like Pump.fun thrive on artificial hype rather than value.

模因硬币通常以快速上升和跌倒而闻名，导致已故投资者的巨大损失，批评者认为诸如Pump.fun之类的平台以人为的炒作而不是价值而壮成长。