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Everyone has been asking where is Alon and why has Pump been so quiet? I’ve had my suspicions and they have turned out to be true. Alon and Pump are being investigated currently for violation of the Racketeer Influenced and Corrupt Organizations Act (“RICO”), violation of New York General Business Law §§ 349 and 350, and unjust enrichment. Alleging that Pump alongside Solana cofounders operated a meme coin casino to coordinate Maximum Extractable Value (MeV) bot extractions, manipulating token launches. Also granting insiders early access to new launches while misleading ordinary people. Some tokens I’ve seen mentioned were PNUT, FWOG, and FRED. For those who don’t understand law there was an original class action filed in January 2025 and then amended to include more charges and defendants. These cases take years to resolve and often have an unfavorable outcome. Case #: 1:25-cv-00880 New York Southern District Court. Last updated order on December 11, 2025. There is also something to be said about how meme tokens specifically as securities are unregulated. It’s not 100% known the legal ramifications or remedies from this lawsuit, however Pump is a company registered in the UK which has strict laws about consumer manipulation. I am sure this the reason for the total silence from Pump and its operators. In filings it was also shown that Alon is currently 22 years old. He is a higher up at Baton Corporation which is the parent company of Pump. I will attach sources below. https://t.co/UjaiYw9NZG https://t.co/mUPQFNIBU9 https://t.co/yn9tcpunh1