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The ex-employee used their “privileged position” to access a “withdraw authority” and compromise the protocol’s internal systems, pump.fun alleged in a May 16 X post.

The ex-employee used their “privileged position” to access a “withdraw authority” and compromise the protocol’s internal systems, pump.fun alleged in a May 16 X post. https://cointelegraph.com/news/solana-memecoin-tool-pumpfun-claims-ex-employee-exploiter

Thank you for informing us about this serious breach 293 $degen

That's troubling news! It's vital to have strong security measures to prevent such misuse of authority. Hopefully, they can resolve this and enhance their protections. 683 $DEGEN

Insider threats can be incredibly damaging, especially when they involve someone with elevated access privileges. I hope the protocol's team can resolve this issue quickly and put safeguards in place to prevent similar incidents in the future. Thanks for keeping us informed about pump.fun's update 948 $DEGEN

That’s a serious accusation. It’s alarming how insider threats can exploit their positions to cause significant damage. Hopefully, the investigation will reveal more details and prevent such incidents in the future. Thanks for sharing the update from pump.fu  961 $DEGEN