Hanzo ㊗️
Hanzo ㊗️|11月 25, 2025 21:07
🚨PUMPFUN RUGPULL? The http://Pump.Fun team has been silent for over a week, and it's got people worried. Here's what we actually know: 436M in USDC moved from their reserves through Kraken to Circle. Co-founder @sapijiju says this was just treasury rebalancing from the PUMP ICO funds, not user deposits being drained. But here's the problem: he first denied the team was behind those Kraken/Circle transfers, then admitted they were managing ICO treasury. That contradiction raised more questions than it answered. Meanwhile, @a1lon9 has gone completely quiet. Claims he "fled the US" are unverified rumors at this point. Could be lawyers telling him to stay silent, could be personal stuff, or yeah, could be something worse. We don't know yet. The numbers aren't great either. Platform revenue is down about 50% over the past week, PUMP is trading at July lows, and there's been zero updates on the promised token buybacks. If this was just routine treasury management, why not announce it beforehand? Why let panic build for a week? Look, there's no confirmed rug pull here. The on-chain data shows ICO treasury movements, not user funds disappearing. But the timing is awful and the silence is even worse. When founders go dark during a revenue decline and token crash, people have every right to be concerned.(Hanzo ㊗️)
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