Pumpfun Internal Leak: Slot Machine Design Exposed
A whistleblower leaked internal Telegram chats of Pumpfun co-founder 'alon' claiming the platform was designed to maximize addictive trading and fee revenue, akin to slot machines. This is igniting debate about the ethics of memecoin launchpads.
What we know
Several accounts on X both amplified the leak, which alleges Pumpfun's core design goal was engagement maximization over user outcomes — compared explicitly to online slot machines. The broader context: only 651 of 329,679 coins launched in the past 7 days hit $100K MC. TraderSZ also went on an extended rant against an account on X for backing scam launchpads. The $LMAO coin's Dexscreener being hijacked at launch — reported by another account on X — added further chaos to the launchpad narrative.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.