UPDATED FRI 23 OCT · 12:15 UTCLIVE
SecurityMedium

Pump.fun / Kimchi Hack Timeline: Mismanagement or Worse?

A detailed reconstruction of the Kimchi hack timeline is circulating, with three unexplained red flags including Alon deleting his retweet within minutes, fueling accusations of mismanagement or worse against Pump.fun leadership.

What we know

An account on X published a detailed reconstruction of the Kimchi hack timeline and concludes 'at best, this looks like horrible mismanagement.' Three questions he says make 'zero sense': (1) Alon deleted his RT within 2–3 minutes, showing awareness; the full thread continues at the linked URL. Another account on X amplified the thread. The broader takeaway from FabianoSolana: Pump.fun has become 'the worst company in crypto' not for being a launchpad but for 'max extracting with zero accountability' — promoting friends' projects with no consequences.

By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.