TL;DR
- Mass Suspension: X has abruptly suspended over 20 crypto-related accounts, including the well-known Pump.fun platform and its co-founder, sending shockwaves through the crypto community.
- Wide-Ranging Impact: The crackdown spans a variety of crypto players, from trading platforms like GMGN and BullX to innovative tools like Eliza OS, threatening to disrupt vital communication channels.
- Unclear Motives: With no detailed explanation from X, industry insiders, and users speculate whether the suspensions stem from API misuse or mass reporting, leaving the community in uncertainty.
X has suspended over 20 crypto-related accounts in a swift enforcement blitz. Among the high-profile casualties are Pump.fun, the popular crypto memecoin platform, and its co-founder, Alon Cohen. The sudden suspensions, with only the standard warning that X enforces its rules, have left users scrambling for answers.
IT'S NOT JUST PUMP FUN! 🚨
Major CT suspensions (Ongoing Tracker)
Here's what we’ve got so far 👇🏼
GMGN-Linked Accounts@gmgnai @haze0x — Founder@arthur_gmgn — Co-founder@Ga__ke — Affiliate (?)@brc20niubi — Affiliate@Wolfy_XBT — Affiliate@0xcryptowizard — Affiliate… pic.twitter.com/u5WbYP3rJD
— Øtto⚡️ (@0xottoman) June 16, 2025
Crypto Accounts Hit in a Suspension Blitz
The recent clampdown by X has targeted a broad spectrum of crypto players. In addition to Pump.fun and its founder, accounts linked to trading platforms like GMGN, BullX, and Bloom Trading, as well as the AI-powered tool Eliza OS, have also been pulled offline. For years, X has served as the go-to social media hub for crypto enthusiasts, and these actions could significantly disrupt communication channels across the ecosystem.
Pump.fun and its Co-Founder Targeted
The focal point of the crackdown is Pump.fun, a platform renowned for its role in creating and trading memecoins. The abrupt suspension of Pump.fun’s account, along with that of co-founder Alon Cohen, has sparked widespread speculation. With no official explanation beyond X’s generic rules disclaimer, the community is left questioning whether these accounts were involved in practices that breached platform policies or if they became collateral in a wider sweep.
Speculation Over Suspension Causes
Industry insiders and social media users are buzzing with theories about why these accounts were singled out. Some point to the possibility of unauthorized use of third-party APIs, a move aimed at bypassing X’s steep in-house API subscription costs. Others believe a surge of mass reporting from disenchanted users might have triggered the suspension. Despite these conjectures, X has remained silent on providing further details, leaving the crypto community in a state of uncertainty.
Community Reactions and Future Impact
This sweeping suspension has sent ripples of concern throughout the digital asset sector. Crypto influencers and platform operators are concerned that these measures might restrict open communication and impede future promotions, particularly in light of the ongoing controversies related to memecoin schemes.
As affected accounts begin the appeals process, stakeholders brace for potential further crackdowns, questioning how these enforcement actions might reshape crypto discourse on social platforms in the coming months.
