Baton Corporation Ltd (Pump.fun)
Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.
anchored·22zvzL…KbnVSummary
Baton Corporation Ltd is the UK-incorporated company that owns and operates Pump.fun, the dominant Solana-based memecoin launchpad launched in January 2024. The company and its three named founders — Noah Tweedale, Alon Cohen, and Dylan Kerler — are defendants in a live federal RICO class action in the Southern District of New York (Aguilar v. Baton Corporation Ltd., 1:25-cv-00880-CM) after Judge Colleen McMahon allowed wire fraud, illegal gambling, and unlicensed money transmission claims to proceed following a motion-to-dismiss ruling issued August 31, 2026. The platform has also received a formal regulatory warning from the UK Financial Conduct Authority and had its iOS app delisted from U.S. and Indian App Stores in September 2026.
Connected Entities
1 entities- + 3 more
Timeline(13 events)
20 March 2023
Baton Corporation Ltd incorporated in England under Companies House number 14743013, with registered address in Mildenhall, Suffolk.
Companies House (UK Government)19 January 2024
Pump.fun publicly launches on the Solana blockchain, founded by Noah Tweedale, Alon Cohen, and Dylan Kerler.
Bitstamp Learn / multiple crypto outlets1 May 2024
Pump.fun launches a livestreaming feature allowing token creators to promote tokens in real time; feature quickly generates controversy over harmful content.
CryptoRank / The Block1 November 2024
Pump.fun indefinitely suspends its livestreaming feature following sustained community backlash and media coverage of harmful content on streams.
DL News / The Block3 December 2024
UK Financial Conduct Authority publishes a formal warning stating Pump.fun is not authorized or registered to provide financial services in the UK.
FCA Official Warning Notice6 December 2024
Pump.fun updates its terms of service to restrict access for UK users following the FCA warning.
CoinDesk30 January 2025
Initial class action complaint filed in the SDNY, initiating Aguilar v. Baton Corporation Ltd (1:25-cv-00880-CM).
CourtListener Docket12 July 2025
Pump.fun launches PUMP token via ICO at $0.004 per token; $500 million worth sells out in approximately 12 minutes. US and UK users excluded.
CoinDesk9 December 2025
Judge McMahon grants plaintiffs leave to amend their complaint after a confidential informant provides approximately 5,000 internal chat messages allegedly documenting coordination between Pump.fun staff, Solana Labs engineers, and Jito Labs executives.
Yahoo Finance / Unchained Crypto7 January 2026
Second amended consolidated class action complaint filed in SDNY, adding RICO allegations and expanding defendant list.
Wolf Popper LLP31 August 2026
Judge McMahon issues ruling on motions to dismiss: RICO wire fraud, illegal gambling, and unlicensed money transmission claims against Baton Corporation and founders Tweedale, Cohen, and Kerler survive. All claims against Solana Labs, Solana Foundation, and their executives are dismissed. Securities Act claims dismissed. Case proceeds on surviving RICO counts.
Crypto Times / The Currency Analytics10 September 2026
Pump.fun launches 'Custom Pairs' feature allowing memecoins quoted against tokenized representations of publicly traded US stocks including Boeing, Costco, and Trump Media.
Protos11 September 2026
Apple removes the Pump.fun iOS app from the US and Indian App Stores, one day after the stock-pair feature launch. The PUMP token declines approximately 12%. Apple provides no public explanation.
Protos / CoinCentralDecision Log
- hash: BNHTj5MP5HgDxmLyuYixdkmiAsr5javSYoxHpuAFToJj
This investigation is cryptographically anchored to the Solana blockchain (1 event). 10 of 22 cited source URLs have an Internet Archive snapshot.
model: claude-sonnet-4-6
generated: 9/14/2026, 5:05:32 PM
last updated: 9/14/2026, 6:24:43 PM
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