The post PumpFun Corporation Ltd: Legal Challenges and Emerging Implications appeared first on Coinpedia Fintech News
Story Highlights PumpFun Corporation Ltd is currently being sued with a class action in New York, alleging pump-and-dump schemes, no KYC/AML procedures, and illegal marketing to children. The absence of compliance protocols creates an environment prone to fraud and other illegal activities, while its design disproportionately benefits a small number of wallets. The case will …