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February 18, 2025

Calls for Memecoin Regulation: Pump.fun Founder Reacts to LIBRA Scandal

In light of the ongoing controversy surrounding the LIBRA memecoin launch, the founder of Pump.fun is advocating for stricter regulations on token launchpads. The anonymous founder expressed deep disappointment at the fallout from the LIBRA situation, describing it as a wake-up call for the crypto community. As investors face substantial losses, the call for new rules emphasizes the need for accountability in the memecoin sector. With many feeling disillusioned after the LIBRA scandal, this could be a critical moment for regulatory initiatives aimed at protecting investors in the ever-evolving world of cryptocurrency. The discussion around these potential regulations could shape the future of memecoins and bolster investor confidence.

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