- Law firms Burwick Law and Wolf Popper issue cease and desist to Pump.fun over unauthorized token creation.
- Multiple tokens created on Solana network impersonating the law firms’ brands and intellectual property.
- Token creators allegedly used firms’ logos, names, and even employee identities without permission.
- The controversial token “Dog Shit Going NoWhere” (DOGSHIT2) specifically named in the legal notice.
- Legal action follows amid ongoing lawsuit between the law firms and the memecoin platform.
Two prominent law firms have demanded the Solana-based memecoin creation platform Pump.fun remove tokens that allegedly infringe on their intellectual property, escalating tensions in the cryptocurrency space over unauthorized token creation.
Burwick Law announced on February 5 that it had partnered with Wolf Popper to issue a cease and desist letter targeting multiple tokens that allegedly misuse their corporate identities. The firms claim that platform users have created tokens incorporating their logos, names, and even the identities of firm employees.
A review of the Pump.fun platform reveals numerous tokens utilizing variations of both firms’ brands. More concerning, some tokens have appropriated the identities of Burwick Law employees and a client involved in ongoing litigation against the platform.
The incident highlights growing concerns about the lack of oversight in memecoin creation on the Solana Blockchain, where users can launch tokens with minimal restrictions. This practice, known as “copyminting,” has become increasingly problematic as it often involves unauthorized use of established brands and identities to attract attention and potential investors.
The legal action represents an escalation in the broader conflict between traditional legal institutions and decentralized crypto platforms, where enforcement of intellectual property rights faces unique challenges due to the pseudonymous nature of blockchain technology.
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