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Inside the dark underbelly of crypto’s memecoin craze

Inside the dark underbelly of crypto’s memecoin craze

Memecoin issuance platform Pump.fun’s new bounty product has produced its first controversy.

A user posting as Arivu on X said he completed a Pump.fun GO bounty last week that asked someone to tattoo the ticker “$boutywork” on their forehead and provide video proof. The task appeared to reference a token called $Bountywork, but the bounty description itself used the misspelled version “$boutywork.”

Arivu said he followed the task exactly.

“Guys I have followed everything exactly what the name mentioned in the line,” he wrote on X, adding that it was not his mistake because he tattooed the exact name mentioned by the bounty creator. “Please i gave my life,” he wrote.

Guys I have followed everything exactly what the…

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