Citing Bijing.com, Pump member Sapijiju has refuted Lookonchain's claims that the PUMP project team engaged in a cash-out. The team stated that the recent transactions are part of PUMP's fund management, with USDC from the PUMP ICO being transferred to different wallets for reinvestment in business development. The team also clarified that PUMP has never directly collaborated with Circle. In related news, the pump.fun project address transferred 405 million USDC to Kraken in the past week, while 466 million USDC was moved from Kraken to Circle during the same period.
Pump Team Denies Lookonchain's Claims of PUMP Cash-Out
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