Alarming Incidents During Livestreams
Pump.fun, a decentralized platform for Solana-based memecoins, is facing backlash amid serious allegations that its livestream feature has been used to display harmful and violent behaviors.Members of the cryptocurrency community are speaking out against the platform, calling for better moderation or even the complete removal of livestream capabilities. On November 25, a user named Beau, affiliated with the Pudgy Penguins safety initiative, highlighted a troubling incident during a Pump.fun livestream.
A participant made alarming suicidal threats linked to the valuation of their cryptocurrency, declaring they would resort to drastic actions unless their coin hit a specific market cap.
Beau urged Pump.fun to take swift actions, including disabling the livestream and offering support to the distressed individual.
He even suggested permanently retiring the livestream feature, describing it as increasingly chaotic.
Community Outcry for Strict Moderation
Concerns don’t end there.Additional alarming reports have surfaced from community members detailing incidents of users allegedly issuing threats of violence related to their cryptocurrencies.
In one instance, a user reportedly fired a gun from a window whenever their crypto’s value increased, while another account involved a child who threatened to harm family members unless a token reached a certain price target.
Complaints about threats of mass violence tied to unmet trading goals have also emerged. Referring to the livestream feature, some community members have deemed it a significant risk—a “pipeline of felonies.” One user on X (formerly Twitter) urged Pump.fun to halt the livestream functionality until adequate moderation tools could be put in place, emphasizing that broadcasting such harmful behavior is neither admirable nor innovative.
Pump.fun’s Response to Criticism
In the face of mounting criticism, Alon, who leads Pump.fun under a pseudonym, has acknowledged the community’s concerns while defending the platform’s moderation efforts.He stated that the Pump.fun team is actively monitoring user-generated content—including images, videos, livestreams, and comments—and emphasized their commitment to tackling illicit activities.
Nevertheless, community members continue to demand greater transparency and immediate measures to stop hazardous behavior during livestreams.
As of now, Pump.fun has not disclosed whether it plans to implement additional protective measures or revise its livestreaming functionality. “`html
Source: Cointelegraph.com
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