Solana User May Have Accidentally Burned $75K in PUMP Tokens Amid Cleanup Tool Risks
2025-07-14 11:03:40
Main Idea
A Solana user accidentally burned $75,000 worth of PUMP tokens while using a cleanup tool, highlighting risks associated with wallet management; Kraken pledged an airdrop to affected users amid controversy over the meme coin's launch.
Key Points
1. A Solana user mistakenly burned $75,000 in PUMP tokens while cleaning up data via Solscan, leading to permanent loss.
2. The incident underscores the risks of wallet cleanup tools, especially in distinguishing valuable tokens from junk tokens.
3. PUMP token, launched by Pump.fun, sold out in 12 minutes, attracting significant whale participation.
4. Kraken co-founder Arjun Sethi pledged to airdrop PUMP tokens to users affected by system glitches during the sale.
5. The accidental burn serves as a cautionary tale for token launches on Solana, emphasizing the need for careful wallet management.
Description
A Solana user accidentally burned $75,000 worth of PUMP tokens while using a wallet cleanup tool, mistaking it for junk tokens during an airdrop cleanup. The incident highlights the risks
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