🔴 URGENT ALERT: Pump.fun Exploitation & $400M USDC Allegations

The crypto community is reeling from the alleged exploit impacting the Pump.fun protocol, involving unauthorized movement of funds reportedly exceeding $400 Million in USDC.

What you need to know:

The Incident: Reports suggest a key party within the Pump.fun structure may have executed a major exploit or "cash-out" transaction.

Asset Impact: The focus is on the significant volume of USDC affected, tied to the Solana-based token launch platform.

Binance Stance: We are actively monitoring all associated on-chain addresses and working with leading security firms to track the movement of these funds. Our priority is protecting our users.

🛡️ Binance Security is on High Alert. We implement industry-leading risk assessment to shield our platform and users from blacklisted funds.

Stay Vigilant: The best defense is your own due diligence. Always be cautious with new or unaudited protocols.

We will provide updates as official confirmation and asset tracing progresses.

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