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Yet Alon, a PumpFun executive, claims that the platform’s content has been moderated since day one.
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PumpFun Faces Backlash as Users Misuse Livestreams for Harmful Acts
✨ PumpFun’s livestream feature faces scrutiny as users misuse it for harmful activities and financial scams, sparking outrage.
✨ Community calls for platform changes, including disabling livestreams or stronger moderation, to curb risks to user safety and credibility.
✨ Despite controversies, PumpFun thrives financially, generating $215 million and deploying over 3.8 million meme coins.
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The researcher pointed to the popularity of meme coins and Solana-based projects as evidence of altseason in progress. However, Ki Young Ju partially aligned with this view.
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