🚨LAWSUIT CLAIMS PUMPFUN INTERNAL CHATS SHOW IT WAS BUILT TO MAXIMIZE ADDICTIVE TRADING!
In an ongoing class-action lawsuit against Pump.fun and related parties, plaintiffs allege that roughly 5,000 internal team messages reveal the platform was deliberately designed to maximize addictive engagement and fee revenue.
According to the complaint, leadership discussed slot-machine style mechanics and acknowledged the product was built around users continuing to trade even when most lose money.
The claims come from whistleblower materials cited in the amended complaint.
VVS retweeted
Pumpfun would rather send some random asian kid $6M to legit rug the entire space instead of doing an airdrop
ok so let’s just not trade pumpfun coins and move over to trading coins from LP like stonkfun for SOL, longxyz for HOOD, sender for ETH
let all the pump bundlers extract eachother
feels like we are all tired of getting extracted, but nobody is willing to boycott ts
yore mode
Pentiv is set to tokenize its entire $10 billion real estate portfolio on Injective.
The team is also bringing its agentic operations onchain with $INJ, capping a week where Injective's CEO met with regulators in Washington, welcomed a new enterprise validator, and moving towards the $INJ ETF.
Here’s what moved across Injective this past week 👇
🟪 @pentivhq is set to tokenize its entire $10 billion real estate portfolio on Injective and run its agentic operations onchain with $INJ.
🟪 Our CEO @ericinjective, General Counsel, Head of Policy, and Head of Research met with officials from the White House, SEC, and CFTC in Washington to push forward crypto innovation policy in the U.S.
🟪 Gulf Labs, part of Thailand’s $27 billion GULF Group, is now live as an institutional validator on Injective.
🟪 Injective’s latest chain upgrade brought fixed gas fees with lower latency, making Injective’s already industry leading low fees predictable,
🟪 A new CCTP route for $USDC is live, so you can onboard USDC to Injective through @lifiprotocol and Jumper.
📊 Key Stats
🟪 Injective has now produced more than 3 billion transactions, ahead of Avalanche, Algorand, and Optimism, with 46M+ recorded in the past 30 days alone.
🟪 Revenue to fully diluted market cap now puts us ahead of all major blockchains, including Solana, and over 8x Ethereum.
🌐 Ecosystem News
🟪 $NINJACAT holders received $100K worth of $INJ from @NinjaCatSF through @LaunchOnSF.
🟪 Traders moved $370M through Injective DEXs over the past 7 days, pushing their cumulative volume to $83.8B.
🟪 Token launches on @yorefun are now live on Injective.
🟪 Real-world luxury is coming to Injective with @MistBoxpro, which opened beta applications for its verifiable ownership experience.
$10 billion in real estate is heading onchain. Washington and Wall Street are listening. Stay tuned to see what we’re cooking next on Injective.
VVS retweeted
Pentiv is set to tokenize its entire $10 billion real estate portfolio on Injective.
The team is also bringing its agentic operations onchain with $INJ, capping a week where Injective's CEO met with regulators in Washington, welcomed a new enterprise validator, and moving towards the $INJ ETF.
Here’s what moved across Injective this past week 👇
🟪 @pentivhq is set to tokenize its entire $10 billion real estate portfolio on Injective and run its agentic operations onchain with $INJ.
🟪 Our CEO @ericinjective, General Counsel, Head of Policy, and Head of Research met with officials from the White House, SEC, and CFTC in Washington to push forward crypto innovation policy in the U.S.
🟪 Gulf Labs, part of Thailand’s $27 billion GULF Group, is now live as an institutional validator on Injective.
🟪 Injective’s latest chain upgrade brought fixed gas fees with lower latency, making Injective’s already industry leading low fees predictable,
🟪 A new CCTP route for $USDC is live, so you can onboard USDC to Injective through @lifiprotocol and Jumper.
📊 Key Stats
🟪 Injective has now produced more than 3 billion transactions, ahead of Avalanche, Algorand, and Optimism, with 46M+ recorded in the past 30 days alone.
🟪 Revenue to fully diluted market cap now puts us ahead of all major blockchains, including Solana, and over 8x Ethereum.
🌐 Ecosystem News
🟪 $NINJACAT holders received $100K worth of $INJ from @NinjaCatSF through @LaunchOnSF.
🟪 Traders moved $370M through Injective DEXs over the past 7 days, pushing their cumulative volume to $83.8B.
🟪 Token launches on @yorefun are now live on Injective.
🟪 Real-world luxury is coming to Injective with @MistBoxpro, which opened beta applications for its verifiable ownership experience.
$10 billion in real estate is heading onchain. Washington and Wall Street are listening. Stay tuned to see what we’re cooking next on Injective.
Kimchi just BEAT his $40M Trump trade in 1 HOUR after joining Pumpfun
Readers added context they thought people might want to know
Kimchi holds ~75% of the low-liquidity $KIMCHI meme coin supply per pump.fun/coin/CSocnzcRp… explaining the displayed portfolio value after his Pumpfun affiliation, contrary to implied trading profits. The $40M Trump trade is an unverified legend with no on-chain confirmation memecoin.wiki/wiki/kimchi.
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