PumpFun 案例凸显了加密货币市场的系统性风险

已向美国纽约南区地方法院提起集体诉讼。在肯德尔·卡纳汉 (Kendall Carnahan) 的领导下，PumpFun 据称协调拉高抛售计划、规避基本的 KYC 和 AML 要求，并有针对性地进行未成年人营销。

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.

已向美国纽约南区地方法院提起针对 PumpFun Corporation Ltd.（以 PumpFun 名义开展业务）的集体诉讼。投诉称，PumpFun 协调拉高抛售计划，规避基本的了解你的客户 (KYC) 和反洗钱 (AML) 要求，并从事有针对性的未成年人营销。这些指控引发了人们对加密货币生态系统问责制度的担忧。

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.

该诉讼称 PumpFun 利用其平台通过促进欺诈活动赚取巨额利润。据称，该公司对代币发行收取高额费用，而不受监管。由于该平台的用户友好界面，匿名用户能够创建代币，从而导致风险投资。统计数据显示，0.4%的钱包收入超过1万美元，而298个钱包收入超过100万美元，凸显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 被指控未能实施 KYC 和 AML 控制，这对于防止欺诈和非法资金流动至关重要。据报道，该平台没有验证用户身份或监控交易，从而使欺诈者可以自由操作。该投诉还引发了对向未成年人进行营销以及 PumpFun 创作者匿名的道德担忧，这被视为试图逃避对该平台滥用的责任。

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 案件凸显了加密货币市场更广泛的系统性风险。许多去中心化平台的运营监管极少，使投资者面临巨大损失的可能性。该诉讼强调了监管干预的必要性，以在透明度、问责制和投资者保护问题上规范该行业。

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.

建议考虑 PumpFun 等平台的投资者谨慎行事，进行尽职调查，并随时了解代币经济学以及与这些平台相关的任何监管更新。