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Egorov Slams Solana's Pump.fun as 'Casino of Scams'

Guavy AI Editorial Team
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Curve Finance founder Michael Egorov has sparked debate in the Solana community by calling Pump.fun a 'casino of scams.'

Egorov made his comments on Twitter, criticizing both Pump.fun and Phantom wallet. He stated that connecting Phantom to a hardware wallet was more difficult than using MetaMask.

The criticism comes at a time when Pump.fun is generating strong revenue, with around $12 million in weekly revenue and over $1.2 billion in cumulative revenue since early 2024.

Pump.co-founder Tomi204 responded to Egorov's comments by stating that Pump.fun provides infrastructure for users to trade memecoins, while acknowledging the risks associated with permissionless markets and user behavior.

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