PumpFun 案例凸顯了加密貨幣市場的系統性風險

已向美國紐約南區地方法院提起集體訴訟。在肯德爾·卡納漢 (Kendall Carnahan) 的領導下，PumpFun 據稱協調拉高拋售計劃、規避基本的 KYC 和 AML 要求，並有針對性地進行未成年人營銷。

A class action complaint has been filed in the U.S. District Court for the Southern District of New York against PumpFun Corporation Ltd. (doing business as PumpFun). The complaint alleges that PumpFun coordinated pump-and-dump schemes, evaded basic Know Your Customer (KYC) and Anti-Money Laundering (AML) requirements, and engaged in targeted underage marketing. These allegations have sparked concerns about the system of accountability in the cryptocurrency ecosystem.

已向美國紐約南區地方法院提起針對 PumpFun Corporation Ltd.（以 PumpFun 名義開展業務）的集體訴訟。投訴稱，PumpFun 協調拉高拋售計劃，規避基本的了解你的客戶 (KYC) 和反洗錢 (AML) 要求，並從事有針對性的未成年人行銷。這些指控引發了人們對加密貨幣生態系統問責制度的擔憂。

The lawsuit claims that PumpFun used its platform to generate substantial profits by facilitating fraudulent activities. It alleges that the company levied hefty fees on token launches, which were not subject to regulatory oversight. Due to the platform's user-friendly interface, an anonymous user was able to create tokens, leading to risky investments. Statistics indicate that 0.4% of wallets received over $10,000, while 298 wallets earned more than $1 million, highlighting an unequal distribution of gains.

該訴訟稱 PumpFun 利用其平台透過促進詐欺活動賺取巨額利潤。據稱，該公司對代幣發行收取高額費用，而不受監管。由於該平台的用戶友好介面，匿名用戶能夠創建代幣，從而導致風險投資。統計數據顯示，0.4%的錢包收入超過1萬美元，而298個錢包收入超過100萬美元，凸顯了收益分配的不平等。

PumpFun is accused of failing to implement KYC and AML controls, which are crucial for preventing fraud and illicit money flows. The platform reportedly did not verify user identities or monitor transactions, allowing fraudulent actors to operate freely. The complaint also raises ethical concerns about marketing to minors and the anonymity of PumpFun's creators, which is seen as an attempt to evade accountability for the platform's misuse.

PumpFun 被指控未能實施 KYC 和 AML 控制，這對於防止詐欺和非法資金流動至關重要。據報道，該平台沒有驗證用戶身份或監控交易，從而使詐欺者可以自由操作。該投訴還引發了對向未成年人進行行銷以及 PumpFun 創作者匿名的道德擔憂，這被視為試圖逃避對該平台濫用的責任。

The PumpFun case underscores a broader systemic risk in cryptocurrency markets. Many decentralized platforms operate with minimal oversight, exposing investors to the potential for substantial losses. The lawsuit highlights the need for regulatory intervention to standardize the industry on issues of transparency, accountability, and investor protection.

PumpFun 案件凸顯了加密貨幣市場更廣泛的系統性風險。許多去中心化平台的營運監管極少，使投資者面臨巨大損失的可能性。該訴訟強調了監管幹預的必要性，以在透明度、問責制和投資者保護等問題上規範該行業。

Investors considering platforms like PumpFun are advised to exercise caution, conduct due diligence, and stay informed about tokenomics and any regulatory updates pertaining to these platforms.

建議考慮 PumpFun 等平台的投資者謹慎行事，進行盡職調查，並隨時了解代幣經濟學以及與這些平台相關的任何監管更新。