Pump.fun Faces Layoff Claims as Token Unlock Sparks Fresh Scrutiny

Pump.fun is facing renewed criticism after anonymous posts on X claimed to represent more than 40 former employees who allege they were dismissed without receiving the full value of their promised token allocations. The Solana-based memecoin launchpad has not publicly responded to the allegations. According to crypto outlet Sandmark, Pump.fun carried out layoffs in early April after expanding too rapidly. Co-founder Noah Tweedale reportedly told employees the company had grown faster than it could efficiently manage, making restructuring necessary. Affected workers received severance equal to…  Read more

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