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2025-12-18 15:09:44

Solana Ecosystem Under Legal Scrutiny Amid Memecoin Manipulation Claims

A federal court has approved a class-action lawsuit against Pump.fun and Solana Labs, alleging market manipulation in Solana memecoin launches. The case targets the network's high-speed features, claiming insiders exploited them for unfair advantages in tokens like TRUMP and MELANIA. The lawsuit accuses Solana's infrastructure of enabling insider trading during memecoin launches on Pump.fun. Top [...]

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