Crypto Platform Pump.fun Faces $1B Lawsuit Over Hidden Fee Allegations
• 1 min read
PumpPumpkin sues rival Solana-based platform Pump.fun for $1 billion, alleging concealed fees and improper fund management. The lawsuit comes as Pump.fun reports $90 million in monthly revenue while facing mounting regulatory challenges and controversy.
UK Financial Watchdog Intensifies Crackdown on Illegal Crypto Advertising
• 1 min read
The FCA has identified over 1,700 unauthorized cryptocurrency promotions in the UK, successfully removing 54% while targeting influencers and implementing stricter advertising controls. Google's upcoming policy changes will require FCA registration for UK crypto advertisers starting January 2025.