Pump.fun Co-founder Denies Fund Withdrawal, Explains USDC Reinvestment Plan
ByAinvest
Monday, Nov 24, 2025 11:27 pm ET1min read
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Pump.fun co-founder Dylan Kerler denies allegations that the company withdrew $400 million in USDC during an ICO. He states that the USDC was transferred to a different wallet to reinvest operating capital into the business. The team did not collaborate with Circle, the issuer of USDC. Kerler emphasizes that no funds have been withdrawn from Pump.fun.
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