The X (previously Twitter) accounts of Pump.enjoyable, a distinguished Solana (SOL)-based meme coin launchpad, and its founder, Alon Cohen, have been suspended forward of the upcoming PUMP token launch.
This crackdown extends past Pump.enjoyable, as at the least 19 different crypto-related accounts have been suspended with none official clarification.
Why Did X Droop Pump.enjoyable’s Account?
The timing of the suspension is especially important. Based on BeInCrypto, the platform had deliberate to boost $1 billion by way of preliminary gross sales of the PUMP token.
With over 457,000 followers, Pump.enjoyable’s X account was a vital platform for the undertaking. Thus, this ban may negatively influence the launch.
Regardless of the social media blackout, Pump.enjoyable’s web site, which facilitates creating and buying and selling meme cash on the Solana blockchain, continues uninterrupted. Along with Pump.enjoyable, different platforms resembling GMGN, Bloom Buying and selling, BullX, and the AI agent platform Eliza OS, together with its founder Shaw Walters’s accounts, and so forth., had been additionally suspended.
The suspended X accounts, which now show the message “X suspends accounts which violate the X rules,” have left the cryptocurrency neighborhood in hypothesis. Market watchers have shared many theories. Some recommend the suspension could also be linked to unauthorized API utilization.
“End of an era. Pump dot fun and its founder, Alon, were suspended on X. This space is healing. Rumors say they used an API they did not pay for. Many other accounts tied to that API were banned,” a consumer posted.
Some have highlighted a pretend on-line publish claiming that the SEC is probing Pump.enjoyable. Nevertheless, the regulator’s account has not formally confirmed this.
It’s value noting that Pump.enjoyable is already dealing with a category motion lawsuit, although not from the SEC. In January 2025, plaintiff Diego Aguilar accused the platform of securities legislation violations and producing almost $500 million in charges by way of unregistered token gross sales.
For now, these are simply unconfirmed experiences circulating on-line, and X or any impacted events haven’t confirmed the official motive for the suspension. Nevertheless, GMGN did acknowledge it on Telegram.
“We’ve noticed that the official GMGN Twitter account has been temporarily suspended. Please rest assured that we are actively appealing the decision and working to restore the account as soon as possible,” the publish learn.
Because the scenario progresses, stakeholders await clarification from Pump.enjoyable and others. The platform’s capacity to proceed with the PUMP airdrop and preserve consumer belief will depend upon the way it navigates this setback. Till an official assertion emerges, the crypto neighborhood stays in suspense.
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