pump.fun RICO suit: answer filed after court narrows case

What happened

The proposed class action against pump.fun’s operator moved into its next phase on 15 October 2026, when an answer to the amended complaint was filed (docket entry 190). An answer is the defendants’ formal written response to each allegation. On 11 September the court had granted the defendants’ request for more time and set 15 October as the answer deadline for Baton Corporation Ltd. (which runs pump.fun), Alon Cohen, Dylan Kerler and Noah Tweedale.

What the 31 August ruling left standing

Judge Colleen McMahon’s 79-page opinion of 31 August 2026 granted the motions to dismiss in part:

Claim	Result
RICO and RICO conspiracy (Counts I and II)	Survive, but only for plaintiffs Kendall Carnahan and Michael Okafor, against Baton Corp., Cohen, Kerler and Tweedale
Every claim against Solana Labs, the Solana Foundation and five Solana executives	Dismissed
Securities Act counts (III and IV)	Dismissed
Unjust enrichment (Count V)	Dismissed for every moving defendant
All claims by lead plaintiff Diego Aguilar	Dismissed

Dismissals for failure to state a claim were with prejudice, and the court declined to offer another amendment, noting the plaintiffs had already amended twice. The Jito defendants had been dropped voluntarily before the ruling. The case was first filed on 30 January 2025.

What it means for users

Nothing about how pump.fun works has changed. The surviving RICO counts are allegations, not findings; no court has ruled that anyone did wrong. There is no settlement and no claims process on the docket, so treat any site or message offering “pump.fun lawsuit payouts” as a likely scam. For the background, see the pump.fun court case explained and is pump.fun safe?.