Pump.fun Faces $741M Fee Theft Accusation, Livestream Scandals

Catenaa, Wednesday, June 18, 2025-Solana-based memecoin launchpad Pump. fun is facing a wave of backlash after extracting $741 million in user fees, drawing sharp criticism from crypto influencers and regulators amid allegations of enabling scams and hosting dangerous livestream content. According to data from blockchain analytics firm LookOnChain, Pump. fun has sold 4 source: https://investors.catenaa.com/news/pump-fun-faces-741m-fee-theft-accusation-livestream-scandals