【Crypto World】The Solana ecosystem is facing a major test regarding market orderliness. The U.S. Federal Court is currently hearing a class-action lawsuit against Pump.fun, Solana Labs, the Solana Foundation, and Jito Labs, focusing on an age-old issue—how “fair” is the market?
Here’s what happened: a group of experienced traders used their MEV tools and infrastructure advantages to precisely control transaction orderings during critical token issuance moments, securing the best execution prices first. The result? Retail investors suffered significant losses, estimated between $4.4 billion and $5.5 billion.
This is not a vague accusation. The court has accepted concrete evidence provided by internal whistleblowers, and the case has officially entered legal review—what was once speculation in the community has now escalated into a solid lawsuit. What does this shift mean? It indicates that the claim “as long as transactions are public, the market is fair” no longer holds water.
The abuse of MEV on Solana has long been an open pain point. Participants with control over node resources and transaction flow indeed possess asymmetric information and execution advantages. This class-action lawsuit could reshape the entire ecosystem’s understanding of “transaction fairness” and serve as a warning to other public blockchains.
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MEVEye
· 7h ago
Damn, it's really time to come clean. MEV has long been a well-known secret. The court is only now taking action, but retail investors have already been wiped out and bankrupted.
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FreeMinter
· 2025-12-29 19:11
4.4 to 5.5 billion? Wow, is this number real... Retail investors have been cut again, MEV is just a black hole.
I didn't believe it until an insider whistleblower came out, now even the court has acknowledged it. Solana is probably going to be nailed down this time.
I've been saying for a long time that centralized infrastructure will be exploited, and now it's happening. Sky-high compensation awaits.
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CryptoFortuneTeller
· 2025-12-28 22:30
After playing for so long, this is the first time I've seen such solid evidence. The MEV folks are really outrageous; retail investors are being drained to the bone.
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UncleWhale
· 2025-12-28 22:29
Damn, now it's really time to settle accounts. I've known for a long time that MEV is a cheating tool for the big players, but I didn't expect the court to take it so seriously so quickly, from 4.4 to 5.5 billion, retail investors are really too miserable.
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Why haven't the Pump.fun team run away yet? Once this lawsuit comes, they'll be socially dead.
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Honestly, the cost of Solana's "fast chain" is being exploited by leek farmers; it seems it can't be changed.
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The internal whistleblower is truly incredible, exposing these people's tricks. Serves them right.
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Wait, Jito is also sued? Then this ecosystem is indeed completely rotten.
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MEV tools are originally black boxes, and now someone finally dares to sue. Support to the end.
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RugpullAlertOfficer
· 2025-12-28 22:22
Oh no, this is bad. Solana has been exposed again and again for scamming retail investors? 4.4-5.5 billion USD directly taken from retail pockets, this is too ruthless.
MEV is just a blood-sucking thing, it should have been regulated long ago, and now someone is finally standing up against it.
Honestly, I’ve never had a good impression of platforms like Pump.fun.
If the court really rules this time, there should be a major reshuffle of the entire Solana ecosystem.
Retail investors are just being exploited like this?
Solana ecosystem embroiled in $4.4B-$5.5B lawsuit controversy: How MEV tools undermine market fairness?
【Crypto World】The Solana ecosystem is facing a major test regarding market orderliness. The U.S. Federal Court is currently hearing a class-action lawsuit against Pump.fun, Solana Labs, the Solana Foundation, and Jito Labs, focusing on an age-old issue—how “fair” is the market?
Here’s what happened: a group of experienced traders used their MEV tools and infrastructure advantages to precisely control transaction orderings during critical token issuance moments, securing the best execution prices first. The result? Retail investors suffered significant losses, estimated between $4.4 billion and $5.5 billion.
This is not a vague accusation. The court has accepted concrete evidence provided by internal whistleblowers, and the case has officially entered legal review—what was once speculation in the community has now escalated into a solid lawsuit. What does this shift mean? It indicates that the claim “as long as transactions are public, the market is fair” no longer holds water.
The abuse of MEV on Solana has long been an open pain point. Participants with control over node resources and transaction flow indeed possess asymmetric information and execution advantages. This class-action lawsuit could reshape the entire ecosystem’s understanding of “transaction fairness” and serve as a warning to other public blockchains.