[Pump.fun Co-Founder Denies Cashing Out USDC via Kraken] In response to Lookonchain's accusation that 'Pump.fun has cashed out at least 436.5 million USDC via Kraken since October 15,' Pump.fun co-founder Sapijiju stated that the claim is completely false. He emphasized that Pump.fun has never cashed out or participated in the transactions between Kraken and Circle as alleged by Lookonchain. Sapijiju explained that these funds are USDC obtained from the PUMP ICO, which have been transferred to different wallets for reinvestment in company operational funds. He further added that Pump.fun has never directly collaborated with Circle.