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Legal Expert: The "Memecoin" craze of Pump.fun could potentially lead to criminal charges

Legal Expert: The "Memecoin" craze of Pump.fun could potentially lead to criminal charges

Bitget2024/11/26 07:26

A legal expert warns that the extreme content on Pump.fun could potentially trigger criminal investigations and civil lawsuits. Its live streaming feature seems to have become a platform for developers to broadcast extremely shocking content to promote their tokens - according to legal experts, this could lead to civil or criminal lawsuits. From suicide threats, animal abuse, to pornographic content, boundary-pushing developers face almost no consequences other than having their content removed. Meanwhile, industry participants urge Pump.fun to stop its live broadcasts, which it did earlier today until it can properly review the content.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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