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Posted: November 26, 2024
- Pump.fun halts its livestream feature after facing backlash over controversial content.
- Legal experts suggest potential criminal charges could follow due to memecoin-related issues on the platform.
Pump.fun, a popular platform known for its memecoin-based entertainment and unique social features, has faced growing criticism following the release of its livestream function.
Amid concerns over harmful content circulating on its platform, the company has decided to suspend the feature indefinitely. A step towards acknowledging the potential risks associated with its implementation.
Backlash over harmful content
The decision to pause the live stream feature came after a series of disturbing incidents on Pump.fun. For example, users aired inappropriate, controversial, and potentially harmful content.
The platform, which has gained attention for its memecoin “freak shows” and viral stunts, quickly found itself in the crosshairs of regulators …
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