Pump.fun laid off workers before they received millions in PUMP tokens: Report

Bearish+37.49%

31 Jul, 19:16

Source: Cointelegraph

AI Summary

Pump.fun laid off employees before they could receive millions in PUMP token allocations, raising concerns about token distribution practices and platform governance.

Pump.fun laid off workers before they received millions in PUMP tokens: Report

Pump.fun co-founder Noah Tweedale reportedly attributed the layoffs to said the company growing too quickly.