Pump.fun has been accused of "stealing" $741 million in fees, with critics describing the platform as a "disease".

A total of 11,264,713,367 coins were sold by Pump.fun for $741 million, while only 293 out of 13.55 million wallets have exceeded $1 million in profits. The Tesla project launch platform, Coin 52,938,726,490, is now facing negative backlash due to alleged fraudulent activities and harmful live broadcasts, while X suspended its account before releasing a token scheme worth $1 billion at a $4 billion valuation. Pump.fun was dismissed on charges of "stealing" $741 million in fees, with critics describing the platform as a "disease".