【CryptoWorld】A court motion on December 19th has sparked industry attention—an American court has agreed to accept new evidence and continue hearing the class-action lawsuit against Pump.fun, Jito Labs, and the Solana Foundation, focusing on MEV (Maximum Extractable Value) trading behaviors.
According to the plaintiffs, Pump.fun employed MEV technology to carry out a “harvesting” process: insiders used transaction priority to acquire newly issued tokens at extremely low prices, then drove up the prices before dumping them onto retail investors. Retail investors ultimately became the bagholders providing liquidity for insiders.
Meanwhile, Solana Labs and Jito Labs are accused of acting as “accomplices”—their technological infrastructure enabling such MEV arbitrage. This is not a new phenomenon, but the court’s willingness to re-examine it indicates that market skepticism toward these behaviors is strong. From a technical perspective, MEV is a real issue in blockchain, but when used for organized internal trading, it crosses legal red lines. The outcome of this lawsuit could influence trading regulations across the entire Solana ecosystem.
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AltcoinMarathoner
· 12-20 20:07
alright, so here's the thing—just like mile 18 in a marathon, solana's hitting that brutal wall right now. mev drama is noise, but the real question? ecosystem fundamentals remain solid. accumulated through worse. these legal walls? they're just hydration stations if you're thinking adoption curve, not weekly charts.
Reply0
BoredApeResistance
· 12-20 05:57
Here we go again, can anyone escape the trap of MEV?
View OriginalReply0
DegenGambler
· 12-19 01:50
MEV arbitrage should have been investigated long ago; retail investors have been exploited for so long.
View OriginalReply0
ProposalManiac
· 12-19 01:49
It's the same old MEV trick... Solana really needs to thoroughly review its incentive mechanisms this time, or the ecosystem's credibility will be completely ruined.
View OriginalReply0
LiquidityNinja
· 12-19 01:36
Here we go again, the MEV scheme has finally caught the attention of the court.
View OriginalReply0
MidnightMEVeater
· 12-19 01:34
Another sandwich attack dragged into court... Good morning, night creatures. The Solana robot playground is finally going to be liquidated.
View OriginalReply0
MetaverseHobo
· 12-19 01:32
You're trying to shake out retail investors again, huh? The Solana ecosystem really has this trick down pat.
Solana Ecosystem Lawsuit Intensifies: MEV Arbitrage Methods Under Court Review
【CryptoWorld】A court motion on December 19th has sparked industry attention—an American court has agreed to accept new evidence and continue hearing the class-action lawsuit against Pump.fun, Jito Labs, and the Solana Foundation, focusing on MEV (Maximum Extractable Value) trading behaviors.
According to the plaintiffs, Pump.fun employed MEV technology to carry out a “harvesting” process: insiders used transaction priority to acquire newly issued tokens at extremely low prices, then drove up the prices before dumping them onto retail investors. Retail investors ultimately became the bagholders providing liquidity for insiders.
Meanwhile, Solana Labs and Jito Labs are accused of acting as “accomplices”—their technological infrastructure enabling such MEV arbitrage. This is not a new phenomenon, but the court’s willingness to re-examine it indicates that market skepticism toward these behaviors is strong. From a technical perspective, MEV is a real issue in blockchain, but when used for organized internal trading, it crosses legal red lines. The outcome of this lawsuit could influence trading regulations across the entire Solana ecosystem.