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Expert: Pump.fun's 'Memecoin' craze could lead to criminal charges

2024-11-26 06:45
Odaily News A legal expert has warned that Pump.fun's extreme content could trigger criminal investigations and civil lawsuits. Its live streaming feature appears to have become a platform for developers to broadcast extreme shock content to promote their tokens - which, according to legal experts, could lead to civil or criminal lawsuits. From suicide threats to animal cruelty to pornography, developers who push the boundaries face few consequences other than having their content removed. Meanwhile, industry players have urged Pump.fun to stop its live streaming, which it did earlier today, until it can properly review the content. (Cointelegraph)