According to the Digital Asset Tracker Lookonchain, the controversial Solana Launchpad Pump. Fun has deposited Sol in the Crypto Exchange Kraken in the past year.
Lookonchain too notes Die Pomp.Fun, which was launched in January 2024, sold 264,373 Sol for $ 41.64 million to the Stablecoin USDC.
The Memecoin Launchpad reportedly earned a total of 2.57 m SOL WORTH $ 588.6 million.
Pump.Fun wants to make it easy to launch coins without sowing liquidity.
The platform has collected controversy: earlier this month Burwick Law of the digital assets right case announced It was planning to take legal steps against pump. Fun on behalf of people who have invested in the Memecoins of the Laanceerpad.
“This announcement follows months together with ordinary people who have lost considerable amounts of money to memecoins, carpets and unfulfilled promises.
In recent months, Pompdotfun has collected hundreds of millions of dollars in reimbursements, while illegal drug use, self -harm, racism, anti -Semitism, lustful actions, bestiality, violent and other anti -social actions were shown on the platform. The maker of this platform has chosen to remain anonymous, despite recognizing the importance of transparency in scale and retail involvement, which calls serious concern about accountability. “
Pump.Fun will remain rake in massive reimbursements, including a record of $ 15.38 million on January 25, according to the decentralized financial data aggregator Defillama.
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Generated image: midjourney