Pump.fun co-founder denies $436M cash out, claims it was ‘treasury management’
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Why This Matters
The co-founder of Pump.fun has refuted allegations of a $436 million cash out, asserting that the movement of USDC was part of standard treasury management practices. This clarification aims to alleviate concerns regarding the company's financial stability and operational integrity.
Market Impact
Market impact analysis based on neutral sentiment with 68% confidence.
Sentiment
Neutral
AI Confidence
68%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
The Pump.fun co-founder disputed claims of a massive off-ramp and says Pump.fun’s USDC shifts were routine treasury operations.
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Full article on Unknown
Original article published by
Unknown
on November 25, 2025.
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