The founder of Pump.Fun, Alon Cohen, has joined the debate regarding user protection and practices in the memecoin launchpad space.
The recent LIBRA token scandal has raised concerns about user protection and bad actors in the memecoin sector.
Cohen expressed disgust over the exploitation of users and the ecosystem in the LIBRA project, highlighting the need for improved practices in token launchpads.
He suggested that memecoin platforms should focus on user education, friendlier onboarding, and creating safer interfaces to enhance user protection.