Pump.fun Offering $1M-$5M for NY Legal Director

Pump.fun Offering $1M-$5M for NY Legal Director

Pump.fun is advertising a New York director of legal affairs role paying $1 million to $5 million a year while the Solana-based platform faces a 2025 New York class-action alleging a Ponzi scheme.

Pump.fun posted a New York director of legal affairs opening with a listed salary range of $1 million to $5 million a year. The company’s founder shared the listing on X, where the post drew more than 1 million views.

The role is described as a senior, New York-based legal position. The posting lists the broad compensation band and emphasizes experience in managing regulatory and litigation matters for fast-growing crypto platforms.

Pump.fun launched in 2024 on the Solana blockchain and offers a tool for users to mint tokens quickly and at low cost. The company reports processing more than $300 million in daily transaction volume and says it posted $500 million in profit for 2025. The company has about 100 employees.

A New York class-action lawsuit filed in 2025 accuses Pump.fun of operating like a Ponzi scheme. Those claims are allegations that have not been decided in court.

Market conditions and regulatory developments are part of the context around the listing. Bitcoin has fallen about 50% since Oct. 1. U.S. lawmakers are working on legislation to clarify rules for digital assets, and European regulators have advanced broader cryptocurrency rules. Companies in the sector have increased spending on compliance and litigation as regulators and courts consider new standards.

Pump.fun’s product design has generated controversy. During a memecoin surge, users used a live streaming feature to promote tokens and material on some streams included reports of self-harm and animal abuse. The platform suspended live streaming, then restored it with tighter moderation policies. The memecoin activity contributed to the platform’s high transaction volume.

Industry estimates place typical U.S. compensation for comparable strategy or sales roles at $250,000 to $400,000. Pump.fun’s advertised range exceeds those figures; the company’s stated profit levels and pending legal exposure are cited in the posting as factors behind the higher pay range.

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