Pump.fun class-action lawsuit allowed to submit new evidence of MEV transaction behavior

GateNews

2025-12-19 00:47:58

BlockBeats News, December 19 – The US court was once again asked to weigh in on the practice of maximum extractable value (MEV). The judge approved a motion to amend and refile new evidence regarding MEV trading activities in the collective lawsuits against Pump.fun, Jito Labs, and the Solana Foundation. The plaintiffs allege that Pump.fun used MEV techniques to allow insiders to acquire new tokens at low prices first, then inflate the token prices before selling them to retail participants, who were used as exit liquidity for insiders. Solana Labs, Jito Labs, and others are accused of facilitating these activities.

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