Pump.fun faces backlash over harmful content on livestream feature

Summary

Pump.fun, a decentralized platform for creating Solana-based memecoins, faces backlash due to harmful content broadcasted through its livestream feature. Users reported incidents of individuals threatening suicide and violence during livestreams, prompting calls for stricter moderation or complete shutdown of the feature. Community members described the livestreams as a "pipeline of felonies," urging immediate action to prevent further incidents. The platform's leader, Alon, acknowledged the concerns and defended existing moderation efforts, stating that a dedicated team monitors content. Despite these claims, users demand greater transparency and additional safeguards to address the issue effectively.