According to TheCCPress, PumpDotFun has denied allegations of a $436 million USDC cash-out, stating the transfers were part of routine treasury operations. The co-founder refuted the claims on November 25, 2025, amid scrutiny over large USDC movements traced from their wallets. The team, which remains anonymous, clarified no exit transactions occurred and emphasized the transfers were standard operational procedures. No institutional involvement has been confirmed, and no official response from regulatory agencies has been documented. Analysts suggest potential regulatory scrutiny if such transactions continue without transparent oversight. Investor skepticism persists due to the lack of verifiable on-chain confirmations.
PumpDotFun Denies $436M USDC Cash-Out Claims, Calls It Treasury Operation
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