Report exposes 98.6% of Solana meme coins on Pump.fun as fraudulent

The report reveals that from January 2024 to March 2025, a significant number of tokens on Solana were linked to fraudulent schemes, suggesting a pervasive issue in the meme coin ecosystem.

As the SEC and DOJ intensify their investigations into cryptocurrency scams, proposed legislation aims to make code-based fraud illegal, highlighting the increased focus on ensuring integrity in crypto markets.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts