Judge Greenlights Broader Scope for Solana 'Pump.fun' Lawsuit Following Discovery of 5,000 Internal Messages

Expanded Complaint Approved: A federal judge has allowed plaintiffs in the Solana "Pump.fun" class-action lawsuit to file an expanded complaint after a whistleblower provided nearly 5,000 internal chat logs that clarify the alleged token-launch scheme's operations.

Allegations of Market Manipulation: The updated claims assert that Solana Labs and Jito Labs' tools enabled insiders to purchase tokens before the public, leading to artificially inflated prices for ordinary users, while insiders profited from a "rigged launch environment."

Court's Ruling on Amendments: Judge Colleen McMahon ruled that the plaintiffs acted promptly with the new evidence, and the amendments to the complaint align with existing legal claims without causing undue prejudice to the defendants.

Focus on Infrastructure Liability: The case now scrutinizes Solana's infrastructure, including validators and transaction-ordering mechanisms, which could set a precedent for how U.S. courts view the responsibility of blockchain infrastructure providers in market manipulation cases.