Pump.fun’s memecoin freak show may result in criminal charges: Expert
Pump.fun has halted its broadcast feature after significant backlash, while a legal expert warns the extreme content can open up criminal investigations and civil lawsuits.
Launchpad Pump.fun’s livestream feature has seemingly turned into a platform for developers to broadcast extreme shock content to promote their tokens — and it may result in civil or criminal lawsuits according to legal experts.
From suicide threats and animal abuse to pornography, developers pushing boundaries have faced little to no consequences beyond having their content removed.
Meanwhile, industry participants urged Pump.fun to pull the plug on its livestreams, which it did earlier today until such time as it can properly moderate content.
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Author: Yohan Yun
