Woofun AI reports that Pump.fun is recruiting a Director of Legal Affairs for its New York office, offering an annual compensation package between $1 million and $5 million. The job posting, shared by founder Alon on X, has accumulated over 1 million views.

Launched on the Solana blockchain in 2024, Pump.fun claims daily trading volumes exceeding $300 million and reported a $500 million profit in 2025 with roughly 100 employees.

However, the platform is currently subject to a class-action lawsuit in New York, where investors allege its operating model resembles a Ponzi scheme. Previously, Pump.fun suspended and later reinstated its livestreaming feature with stricter moderation following misuse by users.