Online reports that pump.fun is hiring top lawyers to deal with the Burwick Law lawsuit. Burwick Law accused pump.fun of illegally obtaining millions of dollars through the sale of "highly volatile unregistered securities" while also lacking compliance measures that made it possible to be involved in "terrorist financing, drug trafficking and other transnational crimes." Max Burwick, founder of Burwick Law, and law firm Wolf Popper are representing Kendall Carnahan and other plaintiffs in a class action lawsuit against Pump Fun. Burwick Law is a law firm focused on the crypto industry and is currently initiating multiple lawsuits and investigations against multiple crypto companies and tokens. Burwick Law alleges that many of the tokens generated on pump.fun are essentially similar to a "pump and dump" model and are manipulated unfairly to investors. In response to the lawsuit, Baton Corporation, pump.fun's parent company, has hired multiple lawyers from well-known law firm Brown Rudnick to form a defense team, including former SEC investigator Daniel L. Sachs, crypto litigation expert Kyle P. Dorso and senior crypto lawyer Stephen D. Palley。