According to Shaw, ai16z co-founder, the Pump.fun source code previously published in the GitHub repository lalalune/pumpfun-source is not open source. Shaw stated that the code does not belong to him and he has never had the authority to license or authorize others to use it. The copyright notice "Copyright (c) 2026 Shaw" in the repository is invalid and grants no rights. On October 29, Pump.fun's parent company Bracket Company Inc. issued a cease-and-desist letter through law firm Brown Rudnick. The original repository has since been deleted or set to private, a common step after receiving a legal notice.

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