Pump.fun Offers Up to $5M Salary for Chief Legal Officer Amid Regulatory Heat
What happened: Baton Corporation, the UK-based developer behind Pump.
What happened: Baton Corporation, the UK-based developer behind Pump.fun, posted a job opening for a Chief Legal Officer with a salary band of $1 million to $5 million. The role covers regulatory compliance across US, UK, EU, and APAC jurisdictions, including oversight of SEC, CFTC, and MiCA rules. The opening comes as Pump.fun faces a consolidated class action in New York, alleging unregistered securities and racketeering violations.
Why it matters: The unusually high salary range reflects the acute legal and reputational risks facing high-profile crypto projects. Pump.fun’s willingness to pay a premium underscores the escalating cost of compliance and defense in an increasingly adversarial regulatory environment. The move also signals that legal expertise is now as valuable as technical talent in the crypto sector’s upper echelons.
Source: The Block