Pump.Fun’s $4 B Unicorn Dream Postponed Amid Legal Storm
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Token Sale Delay: Pump.Fun has postponed its token sale, originally set for June 25, to mid-July amid ongoing legal scrutiny and a class-action lawsuit alleging it operates as an unregistered securities exchange.
Financial Concerns: Despite generating over $700 million in revenue, the platform currently lacks a token and relies on pre-market trading, with concerns about potential volatility from early investor sell-offs once the token is launched.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.






