{"id":46187,"date":"2025-07-15T19:00:26","date_gmt":"2025-07-15T16:00:26","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=46187"},"modified":"2025-07-15T18:03:18","modified_gmt":"2025-07-15T15:03:18","slug":"claims-that-pump-funs-500m-funds-are-locked-proven-false","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/claims-that-pump-funs-500m-funds-are-locked-proven-false\/","title":{"rendered":"Claims That Pump.fun\u2019s $500M Funds Are Locked Proven False"},"content":{"rendered":"<p data-start=\"218\" data-end=\"460\">Recent rumors circulating across social media have claimed that the <strong data-start=\"286\" data-end=\"302\">$500 million<\/strong> raised in <strong data-start=\"313\" data-end=\"327\"><a href=\"https:\/\/coinengineer.net\/blog\/pumpfun-pump-token-presale-sold-out-within-minutes\/\">Pump<\/a>.fun\u2019s<\/strong> presale is permanently locked due to a missing withdrawal function. However, technical analysis has since <strong data-start=\"434\" data-end=\"446\">debunked<\/strong> these claims.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/claims-that-pump-funs-500m-funds-are-locked-proven-false\/#Where_Did_the_Pumpfun_Rumor_Come_From\" title=\"Where Did the Pump.fun Rumor Come From?\">Where Did the Pump.fun Rumor Come From?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/claims-that-pump-funs-500m-funds-are-locked-proven-false\/#Hacken_Responds_The_Funds_Are_Not_Locked\" title=\"Hacken Responds: The Funds Are Not Locked\">Hacken Responds: The Funds Are Not Locked<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/claims-that-pump-funs-500m-funds-are-locked-proven-false\/#The_ICO_Sold_Out_in_Just_12_Minutes\" title=\"The ICO Sold Out in Just 12 Minutes\">The ICO Sold Out in Just 12 Minutes<\/a><\/li><\/ul><\/nav><\/div>\n<h3 data-start=\"462\" data-end=\"496\"><span class=\"ez-toc-section\" id=\"Where_Did_the_Pumpfun_Rumor_Come_From\"><\/span>Where Did the Pump.fun Rumor Come From?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"498\" data-end=\"771\">Over the weekend, a user on platform X, going by the handle \u201ccamol,\u201d alleged that the <strong data-start=\"584\" data-end=\"599\">$PUMP token<\/strong> smart contract lacks a withdrawal function. According to the post, this supposedly meant that the raised funds were inaccessible forever because the contract is immutable.<\/p>\n<p data-start=\"773\" data-end=\"1030\">\u201cThis effectively means the $500 million is locked forever,\u201d the user stated, drawing over 780,000 views. In follow-up posts, they insisted on the claim, citing obscure technical jargon like \u201cJSON SQL SUGARTOWN ORA CORES SECURITY\u201d to support their argument.<\/p>\n<h3 data-start=\"1032\" data-end=\"1077\"><span class=\"ez-toc-section\" id=\"Hacken_Responds_The_Funds_Are_Not_Locked\"><\/span>Hacken Responds: The Funds Are Not Locked<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"1079\" data-end=\"1421\">Crypto security firm <strong data-start=\"1100\" data-end=\"1110\">Hacken<\/strong> provided a detailed technical response to clarify the situation. According to their analysis, there are actually two separate <strong data-start=\"1237\" data-end=\"1245\">Pump.fun<\/strong>\u00a0token <strong>PUMP<\/strong> deployed on the <strong data-start=\"1269\" data-end=\"1290\">Solana blockchain<\/strong>\u2014one of which is a test or fake token with negligible activity, and another which is the official token linked to the real presale.<\/p>\n<p data-start=\"1423\" data-end=\"1826\">Hacken confirmed that the <strong data-start=\"1449\" data-end=\"1467\">official token<\/strong> has over 10,000 holders and matches the public tokenomics disclosed by Pump.fun. While it\u2019s true that the smart contract does <strong data-start=\"1594\" data-end=\"1601\">not<\/strong> include a \u201cwithdraw\u201d function, this is <strong data-start=\"1641\" data-end=\"1662\">completely normal<\/strong> for both <strong data-start=\"1672\" data-end=\"1686\">Solana SPL<\/strong> and <strong data-start=\"1691\" data-end=\"1710\">Ethereum ERC-20<\/strong> token standards. These contracts are not built to hold funds like vaults\u2014they simply manage balances and transfers.<\/p>\n<p data-start=\"1828\" data-end=\"2210\">\u201cSince there was no DEX listing at launch, the lack of a \u2018withdraw\u2019 function is irrelevant,\u201d Hacken stated, dismissing the fears as technically inaccurate. They further verified that the on-chain token distribution aligns with public data\u201415% of tokens sold during the ICO, and the remaining 85% held in developer-linked wallets, reflecting a transparent allocation process.<\/p>\n<h3 data-start=\"2212\" data-end=\"2251\"><span class=\"ez-toc-section\" id=\"The_ICO_Sold_Out_in_Just_12_Minutes\"><\/span>The ICO Sold Out in Just 12 Minutes<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p data-start=\"2253\" data-end=\"2416\">Pump.fun\u2019s initial coin offering (ICO), held last Saturday, was an overwhelming success\u2014selling out in just <strong data-start=\"2361\" data-end=\"2375\">12 minutes<\/strong> and raising a total of <strong data-start=\"2399\" data-end=\"2415\">$500 million<\/strong>.<\/p>\n<p data-start=\"2418\" data-end=\"2455\">According to the official tokenomics:<\/p>\n<ul data-start=\"2457\" data-end=\"2627\">\n<li data-start=\"2457\" data-end=\"2514\">\n<p data-start=\"2459\" data-end=\"2514\">33% of the total supply was allocated for the ICO<\/p>\n<\/li>\n<li data-start=\"2515\" data-end=\"2579\">\n<p data-start=\"2517\" data-end=\"2579\">24% is reserved for the ecosystem and future development<\/p>\n<\/li>\n<li data-start=\"2580\" data-end=\"2627\">\n<p data-start=\"2582\" data-end=\"2627\">13% was allocated to existing investors<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"2629\" data-end=\"2739\">Of the ICO allocation, 18% was sold to institutional investors, while 15% went to retail participants.<\/p>\n<hr \/>\n<p data-start=\"2629\" data-end=\"2739\"><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Telegram,\u00a0<\/strong><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest news and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recent rumors circulating across social media have claimed that the $500 million raised in Pump.fun\u2019s presale is permanently locked due to a missing withdrawal function. However, technical analysis has since debunked these claims. Where Did the Pump.fun Rumor Come From? Over the weekend, a user on platform X, going by the handle \u201ccamol,\u201d alleged that<\/p>\n","protected":false},"author":29,"featured_media":32841,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[20721,221,20719,20720,6173],"class_list":["post-46187","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-camol","tag-ico","tag-locked","tag-pump-token","tag-pump-fun"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Claims That Pump.fun\u2019s $500M Funds Are Locked Proven False - Coin Engineer<\/title>\n<meta name=\"description\" content=\"It was alleged that $500 million in pre-sale funds from the Pump.fun platform were locked. 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