On June 17, 2025, the X platform suspended the official account of Pump.fun, a crypto memecoin platform, along with the personal account of its co-founder, Alon Cohen.
The platform displayed its default message: “X suspends accounts which violate the X Rules,” without offering further explanation.
A list shared by X user “Otto” revealed that over 20 crypto-related accounts were affected. These include GMGN, BullX, Bloom Trading, and Eliza OS.
The bans occurred within the same time window on Monday. X did not respond to requests for comment, and Pump.fun has not issued a public statement.
For crypto platforms, X remains a primary space for sharing updates and communicating with users.
The suspensions may impact how these projects engage with their communities.
GMGN Confirms Suspension, Files Appeal with X
Among the suspended accounts, GMGN addressed the incident on Telegram. The team confirmed the suspension and stated it was “actively appealing the decision and working to restore the account as soon as possible.”
It added that it was in “close communication with X to expedite a resolution.”
No other affected projects have issued public statements. GMGN’s brief message did not mention the reason behind the ban. It also did not reference any prior warning or notice from X.
X API Policy Raises Speculation About Suspension Cause
Several users on X speculated that the suspensions may relate to API policy violations. In January 2023, X officially banned the use of third-party application programming interfaces (API) for posting or automation purposes.
The platform introduced a new paid API service, with the lowest tier for startups starting at $60,000 per year.
Some users claimed that the affected platforms used external APIs to avoid these high costs. However, there is no official confirmation that API use led to the suspensions.
X has not confirmed any connection between its API policy and the suspended accounts. The affected accounts have not commented on whether they used such tools.
Pump.fun Named in Class-Action Lawsuit Over Pump-and-Dump Allegations
Pump.fun has already faced scrutiny before the suspension. In January 2025, the platform was named in a class-action lawsuit that accused it of enabling pump-and-dump schemes.
The legal filing alleged that Pump.fun helped users create tokens that functioned as unregistered securities.
The complaint stated that Pump.fun earned nearly $500 million in fees from tokens created on the platform.
It claimed the platform’s services made it easier for users to launch speculative memecoins and mislead buyers.
At the time of publication, Pump.fun had not commented on the lawsuit or the account suspension. The company has not provided legal responses in public forums regarding the ongoing litigation.
Pump.fun Marketing Account Blames Mass Reporting for Suspension
An X user named “Braden,” who claims to handle marketing for Pump.fun, shared a post suggesting that the suspension may have resulted from “mass reporting.”
He wrote that it was “probably the mass reporting bs [bullshit],” implying that users may have flagged the account in coordinated reports.
This explanation has not been verified. X has not issued any statements acknowledging mass reporting as a reason behind recent bans. Braden’s post did not include details or evidence supporting the claim.
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
