Pump.fun X Account Suspended Amid Crack Down on the Memecoin Launchpad

Pump.fun, the prominent Solana-based meme coin launchpad, is facing a suspension of its X (formerly twitter) account. The X account of the platform’s founder Alon Cohen has also been suspended on the basis of rules violations as disclosed by the social media platform. Pump.fun and Cohen’s X account suspension also follow a string of other crypto-related X account suspensions

The suspension of Pump.fun and the founder’s account comes just before a prospective PUMP token. This makes the suspension a big deal for the meme coin launchpad which is purportedly on the radar of the U.S Securities and Exchange Commission

X Suspends Pump.fun Social Media Page

According to recent reports, the controversial Solana-based meme coin launching platform Pump.fun has been suspended by X social media platform owned by Elon Musk. Previously, Pump.fun had a strong follower-base with 457,700 followers on their official X account. However, at the moment the page has gone dark displaying “X suspends accounts that violate our rules.”

JUST IN: X suspends crypto meme coin platform Pump․fun pic.twitter.com/TDKQpxLuie

— Watcher.Guru (@WatcherGuru) June 16, 2025

However, no official statement has been issued yet regarding the Pump.fun X account suspension. While the official website of the platform is still unaffected, platform users are concerned about several details regarding the suspension

Furthermore, the suspension comes just two weeks before the purported PUMP token launch. As reported in early June, Pump.fun plans to raise $1 billion through initial sale of the token. The official token launch now lies at stake with the official X account suspended

X has also suspended the official X account of Pump.fun founder, Alon Cohen. This suspension is also set to stir the crypto community, potentially crumbling user trust. Other crypto-related X accounts have also been suspended, including Bloom Trading, GMGN, BullX, Eliza OS, among others. This has sparked a wave of speculations across the crypto community

Suspended Crypto-related X Accounts | Source: X“Crypto accounts are being targeted and suspended more frequently on @X. This isn’t the first time a suspension of a large crypto account came out of nowhere. Whether you like pump fun or not it’s concerning for the people and businesses working in crypto,” Ashley, a NFT enthusiast, wrote.

Why Did X Suspend Pump.fun? Crypto Community Speculates

Many theories have emerged as to why X has suspended Pump.fun’s account. While the social media platform cites rules violation, crypto market watchers have come up with various speculations. For instance, some believe that the suspension is linked to utilization of an unauthorized API

“Some crypto apps like Pumpfun, GMGN, Bloom, and Uxento use Twitter trackers and snipers (tools that track tweets or wallets fast). But instead of getting that data directly from Twitter in a legal way, rumour is they were likely using “black market” or shared APIs — unofficial or unauthorized methods of accessing Twitter data,” CoinTalkCEO posted

The crypto community has speculated that the U.S Securities and Exchange Commission is cracking down on Pump.fun. The platform is alleged to have violated federal securities laws. However, the regulatory body has not confirmed this information

SEC to take legal action against PUMPFUN & ALON… pic.twitter.com/5dlzfAG9UT

— Mary 🌸 (@MaryWynnReal) June 16, 2025

While full details regarding the suspension are not out yet, crypto market watchers will monitor any developments around the matter. Permanent suspension of Pump.fun could have a negative effect on Solana-based memecoins which could crash hard. Furthermore, Pump.fun has been on the radar for purportedly allowing controversial meme coin rug-pulls on the platform