Ex-Pump.fun Pleads Guilty in $2M Solana Theft — Watch SOL Sentiment
I note that a former Pump.fun employee has pleaded guilty and is awaiting sentencing for stealing $2 million using the Solana network.
I view this as a reputational hit to projects and services built on Solana and a reminder that custodial risks and bad actors can still move funds on-chain.
I will monitor regulatory reaction, counterparty scrutiny, and any short-term sentiment pressure on SOL while watching for concrete protocol-level or exchange responses.
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