Pump.fun Accused of ‘Stealing’ $741M in Fees as Critics Call Platform a ‘Disease’

Pump.fun has sold millions of SOL for $741M while only 293 of 13.55 M wallets have exceeded $1M in gains. The Solana memecoin launchpad now faces backlash over alleged scam activity and harmful livestreams as X suspends its account ahead of a planned $1B token issuance at a $4B valuation.