The launch of the altcoin that the entire Cryptocurrency market has been waiting for has been postponed again! This time, why?

The auction and exchange listing of the Pumpfun token, which has garnered great interest in the Crypto market, has been postponed once again. It was announced that the event, previously scheduled for June 25, has been moved to mid-July.

According to sources close to the subject, Pumpfun's token issuance and auction plan first came to the agenda in late last year. However, since that time, the event has been postponed several times. The project's token auction is expected to reach a value of approximately 4 billion dollars. The Pumpfun team is also continuing to sell token allocations to various crypto funds.

However, this last postponement is not a surprise. The company has postponed its launch plans multiple times since 2024. While there has been no clear explanation from the Pump.fun front regarding the delay, it is noteworthy that the delay coincides with serious legal issues.

Pump.fun is currently facing heavy legal pressures. In January 2025, a law firm named Burwick Law filed a class action lawsuit against the platform. The lawsuit claims that Pump.fun has violated securities laws and manipulated token prices in favor of the team. It is stated that this manipulation has caused serious damage to many investors.

Max Burwick, the founder of Burwick Law, described Pump.fun as "the ultimate evolution of multi-level marketing fraud." He claimed that the platform targets vulnerable individuals looking to make quick money.

In February, a warning letter sent by Burwick Law and Wolf Popper LLP stated that many of the memecoins listed on the platform were using copyrighted logos and names without permission.

*It is not investment advice.

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