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Pump.fun Laid Off Workers Before They Received Millions in PUMP Tokens: Report

Summary by Cointelegraph
An undisclosed number of Pump.fun employees were reportedly fired in April, just two months before they were due to start receiving allocations of the company’s PUMP tokens.

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Pump.fun, the largest launch pad of memecoins on Solana, has fired more than 40 employees in two waves between March and July 2026, a few weeks before the vesting (blocking period) of its $PUMP tokens expired. According to a report by the Sandmark media, the company would thus have avoided disbursements of up to seven figures for at least one of those affected, who saw an amount of more than one million dollars disappear. The mass dismissal took…

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Coin Academy broke the news on Friday, July 31, 2026.
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