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  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
  • ethereumEthereum (ETH) $ 2,365.53 1.12%
  • tetherTether (USDT) $ 1.00 0.2%
  • bnbBNB (BNB) $ 302.66 0.19%
  • solanaSolana (SOL) $ 95.44 1.28%
  • xrpXRP (XRP) $ 0.501444 0.1%
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  • cardanoCardano (ADA) $ 0.481226 2.68%
  • avalanche-2Avalanche (AVAX) $ 34.37 1.19%
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
    ethereumEthereum (ETH) $ 2,365.53 1.12%
    tetherTether (USDT) $ 1.00 0.2%
    bnbBNB (BNB) $ 302.66 0.19%
    solanaSolana (SOL) $ 95.44 1.28%
    xrpXRP (XRP) $ 0.501444 0.1%
    usd-coinUSDC (USDC) $ 0.996294 0.34%
    staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
    cardanoCardano (ADA) $ 0.481226 2.68%
    avalanche-2Avalanche (AVAX) $ 34.37 1.19%
image-alt-1BTC Dominance: 58.93%
image-alt-2 ETH Dominance: 12.89%
image-alt-3 BTC/ETH Ratio: 26.62%
image-alt-4 Total Market Cap 24h: $2.51T
image-alt-5Volume 24h: $144.96B
image-alt-6 ETH Gas Price: 5.1 Gwei
 

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Pump.fun X account suspension

Pump.fun X account suspension raises questions about crypto policies on the platform

https://icn.live/wp-content/uploads/2025/06/Pump.fun-X-account-suspension.mp3
  • by ICN.live
Yousef Haddad

Pump.fun X account suspension is the latest event shaking the crypto community’s relationship with the platform X.

Crypto Twitter woke up to the news that Pump.fun and its co-founder Alon Cohen had been suspended. Their profiles displayed X’s standard message about rule violations. However, no details about the specific infraction were made public. This silence sparked widespread concern and speculation among users.

Adding to the confusion, nearly 20 more accounts from other crypto platforms like GMGN, BullX, Bloom Trading, and Eliza OS were also suspended. Many of these accounts are known for promoting trading tools or AI-driven services in the crypto space. Users immediately reacted on the platform.

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Crypto creators face sudden silence on X

The suspensions left crypto creators without their main communication tool. X has long been the go-to hub for sharing project updates and engaging communities. Losing access means losing visibility and trust—two essentials in the fast-moving world of crypto.

GMGN addressed the issue on Telegram. They assured their followers that they were appealing and working with X for a quick resolution. Still, users across the board are demanding transparency and consistency from the platform.

Pump.fun X account suspension: Speculation points to API violations

Speculation quickly turned to technical policies. Many believe the suspensions may relate to third-party API use. In January 2023, X banned unauthorized API access and introduced a high-cost internal API subscription starting at $60,000 annually.

Some users suggest that projects like Pump.fun used outside APIs to bypass these fees. If true, that could explain the sudden enforcement sweep. Still, X has not confirmed any of these theories.

Pump.fun, in particular, has drawn criticism for enabling easy creation of memecoins. Critics claim this fosters pump-and-dump schemes. A class-action lawsuit filed in January accused the platform of helping generate unregistered securities and earning nearly $500 million in fees from them.

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Memecoins, regulations, and platform risks

The memecoin market, often described as the wild west of crypto, thrives on virality and accessibility. Pump.fun lowered barriers for token creation, attracting both enthusiasts and opportunists. Its X account was essential for promoting and sharing these tokens with a broader audience.

With its suspension, Pump.fun faces not only reputational damage but also operational challenges. The X account was critical for real-time updates, community engagement, and trust building. Losing it could slow down platform adoption and affect user confidence.

Crypto projects need clear guidelines and fair enforcement to operate smoothly. The Pump.fun X account suspension reminds everyone in the industry how centralized control can instantly disrupt decentralized projects.

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Why was Pump.fun suspended on X?

The exact reason for the Pump.fun X account suspension has not been confirmed by the platform. Speculation points to the possible use of unauthorized third-party APIs, which X banned in early 2023. This policy change made it costly for developers to use X’s API services, starting at $60,000 per year. Some believe Pump.fun may have used external APIs to avoid these costs, potentially triggering the suspension. Others think it could be the result of mass user reporting or even the pending lawsuit against Pump.fun. Without an official statement, the true cause remains uncertain.

What is Pump.fun and why is it controversial?

Pump.fun is a memecoin platform that simplifies the creation of speculative tokens. These tokens often lack intrinsic value and are driven by community hype. The controversy comes from its role in facilitating these creations, which critics argue enables pump-and-dump schemes. A class-action lawsuit in January accused Pump.fun of generating unregistered securities and collecting nearly $500 million in platform fees. Supporters see it as democratizing token creation, while detractors believe it opens doors to scams and legal risks.

How do X suspensions affect crypto projects?

Crypto projects rely heavily on X for marketing, community engagement, and instant updates. A suspension can cut off their primary communication line, reduce user trust, and even stall growth. For platforms like Pump.fun, which depend on hype and fast adoption, losing an X account is a major blow. It affects how quickly they can share news, engage users, and respond to crises. In the crypto world, where timing is everything, such bans are more than just inconveniences—they’re strategic threats.

Are third-party APIs a common issue for crypto platforms on X?

Yes, especially after X’s new API pricing policy in January 2023. Many startups and smaller platforms found the new costs too high and turned to unofficial APIs. This led to a crackdown by X to enforce its updated rules. While third-party APIs help cut costs, they violate X’s terms of service. As a result, any project using them risks suspension. In Pump.fun’s case, this is one of the suspected reasons for the ban, though not officially confirmed. The situation highlights the tension between decentralization and centralized platform control.

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