Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Pump.fun faces backlash after disturbing livestream incidents

Pump.fun faces backlash after disturbing livestream incidents

GrafaGrafa2024/11/26 03:10
By:Isaac Francis

Pump.fun, a Solana-based (CRYPTO:SOL) meme coin generator, has come under fire after its livestream feature became a platform for shocking and exploitative behavior.  

Originally intended to help developers promote their projects, the livestreams have devolved into instances of violence, self-harm, and child exploitation tied to financial incentives.  

Reports revealed several disturbing cases, including a user threatening to end their life if their token failed to hit a $25 million market cap and another involving a couple harming their child to reach financial goals.  

In another incident, a user aimed a firearm at family members, linking harm to token performance.  

One user even fired shots out of a window each time their coin’s value increased.  

The incidents have sparked outrage, with social media users comparing the platform to a “Black Mirror” dystopia.  

Many are calling for Pump.fun to remove the livestream feature entirely.  

Critics argue the platform reflects societal desperation and moral decay, while others demand accountability and stricter regulation to prevent such behavior.  

In response, Pump.fun creator Alon addressed the controversy, asserting the platform’s commitment to content moderation.

“Although we strongly stand for free speech and expression, it’s our responsibility to ensure that users don’t see clearly repulsive/dangerous content,” he stated.

He added that NSFW content is tagged appropriately, allowing users to filter it out.  

This controversy follows a prior incident in May when a former employee exploited the platform, stealing 12,300 SOL (worth $1.9 million at the time).  

Trading had to be paused briefly to address the issue.  

0

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

New spot margin trading pair — HOLO/USDT!

Bitget Announcement2025/09/12 07:46

FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

Bitget-RWA2025/09/12 06:14
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn

OPEN has dropped by 189.51% within 24 hours during a significant market pullback

- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

Bitget-RWA2025/09/12 06:14
OPEN has dropped by 189.51% within 24 hours during a significant market pullback

New spot margin trading pair — LINEA/USDT!

Bitget Announcement2025/09/11 10:04