Pump.fun Deposits $407 Million Worth of Solana to Kraken
- Pump.fun deposited $407 million worth of SOL into Kraken over the past year.
- The platform sold 264,373 SOL for $41.64 million in USDC.
- Total earnings reported at 2.57 million SOL, valued at $588.6 million.
- Burwick Law plans legal action against Pump.fun for investor losses.
- Pump.fun recorded fees of $15.38 million on January 25th.
Pump.fun has been involved in significant transactions, including depositing $407 million worth of SOL into Kraken and selling SOL for millions in USDC, while facing legal challenges and controversy over its operations.
Source (2.6)https://dailyhodl.com/2025/01/30/pump-fun-deposits-407000000-worth-of-solana-sol-to-kraken-in-last-year-lookonchain/?rand=59076