A fast-growing Solana-based crypto platform is advertising a New York director of legal affairs role paying $1 million to $5 million a year, even as the market remains weak and Bitcoin is down about 50% since October. The company launched in 2024, says it processes more than $300 million in daily transactions, and is facing lawsuits including a New York class action accusing it of operating a Ponzi scheme.
Key Takeaways
Pump.fun posted a New York legal role paying $1 million to $5 million a year. Solana memecoin volume tops $300 million daily as bitcoin sits 50% below October.Pump.fun faces a 2025 New York class action as the Clarity Act points to tighter rules.Even more eye-catching are the economics. Pump.fun reports $500 million in profit in 2025, with about 100 employees. That ratio, if accurate, explains why the company can contemplate Big Law-style compensation while still chasing growth.
Lawsuits, Washington rule-writing, and a market that has cooledThat growth story is now tangled with legal exposure. Since 2025, Pump.fun has faced a New York class-action lawsuit from investors accusing the platform of operating like a Ponzi scheme. Those claims are not adjudicated facts, but they shape the kind of legal bench a company needs, and the price it may have to pay to recruit it.
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