Pump.fun has delayed its public token sale once again, extending months of uncertainty for users and investors as the popular Solana-based launchpad wrestles with a flurry of lawsuits, Colin Wu reported on June 20.
Pump.fun had aimed to raise $1 billion at a $4 billion valuation through its token auction originally set for June 25. The sale is now expected to happen in mid-July, although the...
Alex Mashinsky, the former CEO of Celsius, has agreed to surrender all rights to assets tied to the collapsed crypto lender.
According to newly filed court documents, Mashinsky and entities associated with him, including AM Ventures Holdings Inc., Koala1 LLC, and Koala3 LLC, will be excluded from any future distributions under the Celsius bankruptcy plan.
The filing stated:
“All Claims asserted by, or scheduled by the Debtors on...
