Pump.fun Founder Denies Token Launch Rumors Amid Legal Scrutiny
Alon Cohen, co-founder of pump.fun, dismissed rumors about the upcoming pump. Photo Ken, calling for reports on the Dutch auction with centralized communication as false at the Dutch auction. Cohen stressed that the team remains focused on product improvements and appropriate rewards to users, urging the community to ignore unauthorized claims. This contradicts the crypto analyst WU blockchain’s claim to the report confirmation token issuance plan for the file. The denial was faced with legal challenges because of the pump, including lawsuits accusing unregistered securities sales and price manipulation programs, strengthening regulatory scrutiny of platform operations.
