Pump Fun and Kraken Scrub Hunter Biden LAPTOP Memecoin Posts

Pump Fun and Kraken recently pulled social media posts that promoted the launch of a new memecoin themed around Hunter Biden. The token, known as LAPTOP, was scheduled for a release on the Base network. After the companies shared the news on Monday, they faced immediate disapproval from traders and high profile figures across the crypto space.

Several prominent influencers publicly denounced the project. Some critics argued that pre announced launches often lead to poor performance, while others questioned the motives behind the token. The backlash was sharp enough to push the platforms to remove their marketing materials entirely within days of the initial announcement.

Controversy also extended to the Base network itself. Jesse Pollak, the creator of Base, clarified that the team decided to remain hands off regarding the project due to political concerns. Meanwhile, Channel 5, which was associated with the launch through a subscriber list, stated it has no formal connection to the coin and does not advertise crypto products.

This situation highlights the ongoing sensitivity around celebrity and political memecoins in the current market. As traders watch to see if the token moves forward despite the loss of platform support, the incident serves as a reminder of how quickly community sentiment can impact the visibility of new digital assets.