$PUMP recently completed an additional fundraising round of $1.32 billion—a staggering amount that has sparked significant questions within the community. The core issue: there's virtually no visible documentation or credible evidence explaining how these substantial funds are actually being deployed. No major product developments announced, no clear roadmap milestones achieved, and no transparent accounting of capital allocation. For investors and community members tracking this project, the lack of accountability raises serious concerns about fund utilization. When projects raise capital at this scale, stakeholders typically expect corresponding transparency regarding engineering progress, marketing expansion, or ecosystem development. The absence of such clarity creates a trust gap that's hard to ignore.