Pump.fun is facing a new challenge as the ex-employee responsible for the $2 million exploit demands $100,000 payouts for each contributor, excluding the founders. The attacker, known as “Stacc,” threatens to burn the stolen funds if these payments are not made. Stacc claims that at least seven individuals are entitled to these payouts, but no specific details have been provided regarding the distribution process or deadlines. The pump.fun team has not yet issued a public statement on the matter. The exploit, which involved a former employee misappropriating over 12,000 SOL tokens, has raised concerns about the impact on the meme coin ecosystem in Solana, where pump.fun has a significant presence.
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Pump.fun exploiter slams ‘horrible bosses,’ demands $100k payouts for non-founders
