pump.fun co-founder: Hope the responsible party for the LIBRA incident is punished, and the demand from users for permissionless on-chain creation/speculation will not disappear

ChainCatcher news, pump.fun co-founder Alon Cohen posted on X: "I am disgusted by the events surrounding LIBRA that have unfolded over the past few days. The people behind this project have gained considerable personal benefits at the expense of many users, ecosystems, and even entire countries. I hope the responsible parties receive the punishment they deserve.

I know the situation is still developing, so if you are aware of any misconduct by participants in the ecosystem, no matter how small, you should speak up. I also understand that some may be in difficult situations, so my DMs are open for me to offer assistance.

Due to the damage caused by these events, many have expressed that this could be the 'end of Meme coins.' While I sympathize with those who wish to see the end of Meme coins because they are tired of such incidents occurring, the fact is that the demand for permissionless on-chain creation/speculation from users will not disappear."