pump.fun Lianchuang: I hope that the party responsible for the LIBRA incident will be punished, and users’ demand for permissionless chain creation/speculation will not disappear

Odaily News Alon Cohen, co-founder of pump.fun, said in a post on X: “I am disgusted by the events surrounding LIBRA in the past few days. The people behind this project have gained considerable personal benefits at the expense of many users, the ecosystem, and even the entire country. I hope the responsible parties will receive the punishment they deserve.
I know the situation is still developing, so if you know of misconduct by any player in the ecosystem, no matter how big or small, you should speak up. I also know some people may be in a tough situation, so my DMs are open so that I can help.
This weekend's events are particularly distressing because pump.fun was built to explicitly address some of the issues exposed over the past few days. On top of that, the involvement of middlemen like the 'dev team' and market makers is ridiculous - creating a meme coin should be so simple that anyone can do it. The mere existence of such actors means that anyone can be easily exploited.
Due to the devastation caused by these events, many people said this could be the 'end of Meme Coin'.
While I sympathize with those who want to see the end of meme coins because they are tired of seeing them happen, the fact is that user demand for permissionless on-chain creation/speculation is not going away.
The same core user behaviors you see in the meme coin space have existed before — whether it’s Dogecoin, the ICO craze, NFT/DeFi — and in an increasingly focused economy, there’s no doubt that users will continue to want to trade world events, culture, technology, and more.
That being said, it’s important for platforms to provide guardrails to ensure that users are as safe as possible while also meeting their needs. Here are my thoughts on some of the things that should be focused on to achieve this goal:
1) Educate users on how to create tokens safely and ethically
2) The introduction of new traders needs to be more friendly
3) More emphasis needs to be placed on user protection at the interface level. While no permissionless platform can completely eliminate bad outcomes on-chain, interfaces can create a safer environment by reducing the visibility of tokens that show suspicious trading patterns, setting reasonable default slippage settings (hint: slippage is less than 20%), etc.