Solana and Jito Exces Dragged Into Explosive RICO Lawsuit Over Pump.fun Saga

Solana's ecosystem faces fresh turbulence as Jito Exces gets named in an expanded RICO suit tied to Pump.fun's alleged market manipulation. The high-stakes legal battle could send shockwaves through DeFi—just another day in the wild west of crypto.

Who needs regulators when you've got racketeering charges? The lawsuit alleges coordinated token pumping across Solana-based projects, with Jito Exces accused of facilitating wash trading. If proven, it'd be one of DeFi's most brazen schemes since the Squid Game token rug pull.

Solana's price barely flinched on the news—because nothing kills momentum in crypto anymore, not even indictments. The case could test whether decentralized protocols can truly distance themselves from their most... entrepreneurial users.