Pump.fun spreads shocking content: Recently, Pump.fun has become a focal point as the live streams on this platform contain extreme content. This content not only shocks but also includes illegal actions such as suicide threats and animal abuse. This has the potential to lead to criminal and civil investigations.

Platform responsibility for shared content: Pump.fun announced that they support freedom of speech but are also aware of the responsibility to prevent dangerous content on the platform. The incident has raised debates about the responsibility of platforms in controlling user-created and shared content.

Legal risks with cryptocurrency: Issues on Pump.fun may compel legislative agencies to take action, especially regarding internet fraud. Tokens may be viewed as securities, leading to risks with unregistered securities offerings under US and EU laws.

Need for strict content management policy: Pump.fun needs to enhance its content management policies in the context of increased regulation of the cryptocurrency industry. Developers on the platform need to comply with laws to avoid actions considered as withdrawal or fraud.