Pump.fun Accused of Laying Off Workers Before Token Airdrop
Pump.fun, a crypto project that raised millions in PUMP tokens for its community members, has been accused of laying off employees before distributing the tokens. The news was reported by an anonymous source and is said to have taken place before the token distribution event in March this year.
The layoffs were reportedly carried out just days before the token airdrop, with some workers allegedly receiving termination notices after they had been told that their participation in the project would be rewarded with PUMP tokens.
Pump.fun's community members were given millions of PUMP tokens in March as part of the project's token distribution event. However, the timing of the layoffs has raised questions about the project's intentions and whether it was genuinely interested in rewarding its contributors or simply using them for their skills.