Despite being central to the recent Solana memecoin craze, the platform has drawn criticism for serving as a breeding ground for scam cryptocurrencies and pump-and-dump schemes.
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Pump.fun and founder Alon's accounts banned on X alongside other memecoin services
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pump.fun has drawn criticism for streamlining the creation of highly speculative memecoins, with some observers alleging that the platform has enabled scam tokens and pump-and-dump schemes
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