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Baton Corporation (Pump.fun parent)

avoid.net/baton-corporation-pump-fun-parent→12/100·72% conf.
[AI-DRAFTED · AWAITING VERIFICATION]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

Summary

Baton Corporation Ltd. is the corporate parent of Pump.fun, a Solana-based memecoin launchpad founded in January 2024 by Noah Tweedale, Alon Cohen, and Dylan Kerler. The platform has generated hundreds of millions of dollars in transaction fees while independent research has repeatedly found that the overwhelming majority of tokens launched on it end in total loss for buyers. Baton Corporation and its three named founders are current RICO defendants in a federal class action in the Southern District of New York, where a judge allowed wire fraud, illegal gambling, and unlicensed money-transmission racketeering claims to survive a motion to dismiss on August 31, 2026, while dismissing related securities and unjust-enrichment claims and dropping Solana Labs and the Solana Foundation from the case entirely.

Connected Entities

1 entities
Organizations
□Baton Corporation (Pump.fun parent)
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    Have evidence about Baton Corporation (Pump.fun parent)?

    Timeline(10 events)

    19 January 2024

    Pump.fun platform launches on Solana.

    Wikipedia (pump.fun)

    November 2024

    Pump.fun suspends livestreaming platform-wide following reports of self-harm threats and other extreme content used to manipulate token prices.

    CryptoBriefing / Decrypt

    30 January 2025

    Lead plaintiff Diego Aguilar files initial class action against Baton Corporation and founders alleging Pump.fun operated as an unregistered securities exchange (Aguilar v. Baton Corporation Ltd., SDNY).

    CoinDesk

    July 2025

    Consolidated amended complaint filed adding RICO, illegal-gambling, and additional defendants (including Solana Labs, Solana Foundation, and Jito entities), alleging aggregate retail losses of $4-5.5 billion.

    Crypto Valley Journal / Hodder Law

    July 2025

    Pump.fun conducts PUMP token public ICO, reportedly raising roughly $1.3 billion combined across public and private sales, with the public sale selling out in about 12 minutes.

    Wikipedia (pump.fun)

    December 2025

    UK Financial Conduct Authority issues a public warning that Pump.fun is not authorised to conduct regulated activity in the UK; Pump.fun updates terms of service to exclude UK users days later.

    FCA / The Block

    December 2025

    Judge McMahon permits plaintiffs to file a second amended complaint incorporating over 5,000 internal chat logs obtained from a confidential informant alleging coordination between Solana Labs and Pump.fun engineers.

    Yellow.com / DL News

    January 2026

    Second amended consolidated complaint filed in Aguilar v. Baton Corporation, incorporating the chat-log allegations and RICO claims.

    Burwick Law case page

    August 2026

    Judge Colleen McMahon (SDNY) rules on motions to dismiss: dismisses Securities Act and unjust-enrichment claims and drops Solana Labs, the Solana Foundation, and named Solana executives from the case entirely; allows RICO wire fraud, illegal gambling, and unlicensed money transmission claims to proceed against Baton Corporation and founders Tweedale, Cohen, and Kerler.

    CryptoTimes / Protos / The Currency Analytics

    September 2026

    Pump.fun launches 'Custom Pairs' feature allowing memecoins to be quoted against tokenized versions of publicly traded stocks; Apple removes the Pump.fun iOS app from the US and India App Stores approximately one day later without disclosed cause.

    Protos / CryptoTimes

    model: claude-code-investigator

    generated: 9/14/2026, 11:11:31 PM

    last updated: 9/14/2026, 11:11:31 PM

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