Pump.fun’s recent cash-outs have reignited a familiar debate in crypto about when profit becomes “extraction” and when it is simply the result of a business model working as designed. The discussion intensified after on-chain data showed the Solana-based meme coin launchpad transferring funds to centralized exchanges while reporting one of the most profitable quarters of the cycle. According to Arkham data, Pump.fun deposited about $50,000 to Kraken in the past 24 hours. Source: Ted Pillow More signif ...