The meme coin launch platform Pump.fun has reportedly laid off several employees just two months before the scheduled unlocking of their allocated tokens, according to Sandmark, which cites documents and records obtained by the publication. Allegedly, the agreements were terminated in early April, with a quarter of the PUMP tokens due to employees becoming accessible in mid-June. Journalists revealed that at least one of the dismissed employees missed out on assets worth seven figures. As of the time of this report, the Pump.fun team has not commented on the circulating news.
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Pump.fun Layoffs Precede Token Unlocking, Reports Say
Pump.fun has reportedly laid off staff ahead of a token unlocking, with some employees missing substantial assets.
Mercation Admin
August 1, 2026 1 min read