Trader suing Pump Fun still uses the platform
The lead plaintiff of the Pump Fun lawsuit is reportedly still trading on the site despite being down almost $50,000 on their trades.
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The lead plaintiff of the Pump Fun lawsuit is reportedly still trading on the site despite being down almost $50,000 on their trades.
ZachXBT told the US law firm planning to file legal action against Pump Fun that "degenerate gamblers" are not actual victims or investors.
The UK's Financial Conduct Authority told UK users to avoid Pump Fun after warning it is not an authorized crypto firm.
The Pump Science wallet was hijacked when developers left its private key in the codebase amid issues with its free token creation feature.
In recent months, a total of $3.5 million worth of SOL has been raised by Pump Fun memecoins promoted via hacked X and Instagram accounts.
— Pump.Fun
Controversial Pump Fun content, including gunplay and animal beheadings, has led many users to call for the end of its livestream feature.
New research corroborates earlier findings that the vast majority of memecoins crash after their initial promotion and never recover.
The trader known as Griffin created QUANT and used $348 worth of SOL to buy 51 million tokens before selling them for $29,953.
The crypto world is entranced by the dawn of supposed AI-managed hedge funds. Unfortunately, A16z and other humans are actually responsible.
Almost 150 memecoins themed on the death of One Direction singer Liam Payne have been created since he fell from a balcony in Argentina.