PUMP token dropped 17% after its cofounder revealed the airdrop has been delayed. A new lawsuit claims Pump.fun operated like a $5.5 billion “slot machine-style” ...

An amended RICO complaint filed against Solana and Pump.fun claims an illegal meme coin gambling scheme that swindled retail investors and used crypto infrastructure to do so.

Pump.fun faces RICO claims in amended lawsuit alleging it ran a $5.5 billion unlicensed casino scheme via memecoin trading, with Solana and Jito Labs named as co-defendants.

Jacy Pickens of South Carolina plays a quarter machine in Slots A Fun, the revamped slots area housing many coin-operated slot machines, at Circus Circus on Friday, March 8, 2024, in Las Vegas.

Now almost every casino slot machine pays out winnings with a paper slip to be taken to a cashier or terminal. Circus Circus' coin-operated machines offer 97.4 percent payback, the casino said in ...

The class action alleges Pump.fun operated an unlicensed gambling platform, estimating billions in user losses with ...

Pump.fun and Solana ecosystem partners have been accused of operating a meme coin casino that caused investor losses of up to ...