Pump.Fun’s Founder Sparks User Protection Debate, Urges Memecoin Launchpads To Develop Better Practices
Pump.Fun's founder Alon Cohen initiated a debate on user protection in the memecoin sector following the LIBRA token scandal, urging launchpads to improve practices. He emphasized user education, friendlier onboarding, and safer interfaces. The incident underscores a broader concern about bad actors exploiting the crypto space, raising calls for industry accountability. - source