According to Odaily, Pump member Sapijiju has denied the accuracy of Lookonchain's report, stating that the PUMP project did not engage in a cash-out. The recent transactions involving 405 million USDC moved to Kraken and 466 million USDC transferred from Kraken to Circle are part of PUMP's fund management and reinvestment strategy. The team also clarified that they have never directly collaborated with Circle.
Pump Team Denies Lookonchain's Claim of PUMP Cash-Out
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