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Crypto Prune > News > Crypto > Altcoins > Founder’s past posts have surfaced in the widely discussed Altcoin: sparks big debate
Altcoins

Founder’s past posts have surfaced in the widely discussed Altcoin: sparks big debate

8 months ago 1 Min Read

PumpFun’s large pre-sale of Pump Token has been featured in the list of central exchanges and on the cryptocurrency community agenda. However, another issue that attracted the attention of the community was a statement made by Alon, one of the platform’s founders in the past.

In a post dated March 31, 2024, Aron openly questioned the purpose of the advance sale and issued the following statement:

“The only advantage of pre-sale is that it gives you the opportunity to pocket the money you collect.

Conclusion: All sales are fraudulent. ”

These statements create community conflict and trust issues, particularly considering PumpFun is currently distributing tokens via pre-selling models.

In another post he made this year, Aron criticized the central exchange listing process, saying:

“The exchange listing is dead. There is no transparency in the listing process, leading to fraudulent transactions and poor quality coin selection.”

The pump, which will be released on July 12th, has agreed with authorities to list on many centralized cryptocurrency exchanges. Pump developers often come to the fore by transferring and selling platform revenues to centralized cryptocurrency exchanges as on-chain metric solanas.

*This is not investment advice.

See also  Crypto analysts warn XRP holders to learn useful lessons from MT Gox
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