Burwick Law founder likely behind Pump Fun memecoin, report

cryptonews.net 1 hours ago

Burwick Law and the DOGSHIT2 Token Controversy

Max Burwick, Managing Partner and Founder of Burwick Law, is suspected to have launched the DOGSHIT2 token that is central to an ongoing Pump Fun lawsuit, despite his claims of non-involvement.

Research by crypto influencer Wirelyss indicates that the account behind DOGSHIT2, known as “Bigbl,” shares the same crypto address with the buyer of the DeGods NFT, “y00t #6430.”

In 2023, Burwick and an associate, @brandon_galang, engaged in what they refer to as “degen yoga.” Galang posted a picture featuring three individuals with NFT images obscuring their faces, tagging Burwick and “@dgoldzz.” Notably, the NFT on the far left is linked to the Bigbl Pump Fun account.

On December 30, 2022, the Bigbl crypto address purchased the y00t #6430 NFT for over $31,000.

Burwick Law’s Denial of DOGSHIT2 Association

The DOGSHIT2 token surfaced in Burwick Law’s lawsuit against Pump Fun, including screenshots of its launch process. Pump Fun allegedly sold unregistered securities without foundational investor protections.

Burwick Law maintains, “we have no affiliation, endorsement, or ownership interest in the DOGSHIT2 token or any related assets. Simply put, our firms have not launched any memecoins on-chain.”

When legal intern Dancing Eddie inquired about the token’s creator, Burwick replied, “Why would it matter?” and refused to elaborate.

A tattoo on Burwick’s left arm closely mirrors a tattoo seen on the individual behind the y00t NFT from the yoga meetup.

Wirelyss previously criticized Burwick Law’s claims, asserting that the firm launched DOGSHIT2 “off-chain” to evade accountability for the token’s inception. Pump Fun emphasized that DOGSHIT2 was created off-chain, implying a disconnect between the CA deployer and the actual creator.

SEC Insights on Memecoins

Burwick Law asserts that Pump Fun has the technical capability to shut down DOGSHIT2, yet has refrained from doing so, despite the potential financial and legal dangers presented to the public.

Additionally, the lawsuit may face challenges due to a recent statement from the Securities and Exchange Commission (SEC), which stated that memecoins do not qualify as securities under federal laws. This implies that particpants in memecoin transactions need not register under the Securities Act of 1933 or fit into its exemptions.

Protos has reached out for comments from both Burwick Law and Wirelyss.




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