Pump.fun has carried out layoffs that have sparked fury among former employees. They claim they were fired before their PUMP tokens had vested, depriving them of potential payouts worth millions of dollars. The layoffs occurred weeks before the Pump.fun team proceeded with the unlocking of 50 billion tokens. Former staff members are protesting what they perceive as a lack of consideration on the part of management. The incident highlights controversial token allocation practices within the cryptocurrency ecosystem.
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