Pump.fun condemns the LIBRA incident, stating that the involvement of the development team and market makers is absurd
According to Foresight News, Alon Cohen, co-founder of pump.fun, said, "I am disgusted with the events that have occurred around the LIBRA token in the past few days. The people behind the project have gained huge personal benefits at the expense of sacrificing numerous users, the ecosystem, and even the entire country. I hope that those responsible will receive the punishment they deserve. This weekend's incident is particularly distressing because pump.fun was established to clearly address some of the issues exposed in the past few days. Most importantly, the involvement of intermediaries such as the 'development team' and market makers is absurd - creating Meme coins should be very simple and anyone can do it. The mere existence of such participants means that anyone can be easily exploited. Many people suggest that this may be the end of Meme coins, but the fact is that users' demand for permissionless on chain creation/speculation will not disappear. For platforms like pump.fun, it is important to provide protection to ensure that users are as safe as possible, while also meeting their needs