Pump.fun $500M Presale Tokens Not Locked

July 15, 2025

, By Cointelegraph

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Rumors are spreading that Pump.fun’s $500 million presale tokens are permanently locked due to the absence of a withdrawal function in its smart contract. Detailed analysis showed these fears are unfounded.

Over the weekend, X user camol claimed that the Pump.fun’s $PUMP presale contract lacked a withdrawal function, suggesting that the raised funds were locked forever because the smart contract was immutable.

“This effectively means the $500M raised is locked forever, as the smart contract is unable to be updated,” the user wrote in a Saturday…

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Pump.fun $500M Presale Tokens Not Locked

July 15, 2025

, Published By Cointelegraph

Rumors are spreading that Pump.fun’s $500 million presale tokens are permanently locked due to the absence of a withdrawal function in its smart contract. Detailed analysis showed these fears are unfounded.

Over the weekend, X user camol claimed that the Pump.fun’s $PUMP presale contract lacked a withdrawal function, suggesting that the raised funds were locked forever because the smart contract was immutable.

“This effectively means the $500M raised is locked forever, as the smart contract is unable to be updated,” the user wrote in a Saturday…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Germany plans AI offensive to catch up on key technologies, document shows

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Chancellor plans sweeping financial sector reforms as she pushes for growth

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