Burwick Law and Wolf Popper LLP have issued a cease and desist letter against Pump.fun, demanding they remove memecoins infringing on their intellectual property. This letter highlights the serious implications of branding violations in the crypto space.

The law firms allege that Pump.fun has launched these infringing tokens to intimidate clients and undermine legal actions. Despite their capability to remove these tokens, Pump.fun has not acted, raising concerns about financial risks.

The Dogshit2 token, criticized for its involvement in a pump-and-dump scheme, saw over 1,000% increase in trade volume after the cease and desist went public, leading to accusations against the law firms for potential involvement, which they firmly denied.