X Suspends Pump.fun and Other Crypto Accounts Without Explanation
The X account of Pump.fun, a popular Solana-based meme coin platform, was abruptly suspended on Monday. No reason was given—just the standard notice about violating platform rules. But it wasn’t alone. Several other crypto-related accounts, including trading tools BullX and GMGN, plus the AI project Eliza OS, also vanished around the same time.
Even some of the people behind these projects got caught up in the sweep. Pump.fun co-founder Alon Cohen and ElizaOS founder Shaw Walters found their personal accounts suspended too. It’s unclear whether that was intentional or just collateral damage.
Mixed Reactions and Speculation
GMGN, in a Telegram post, said it’s appealing the suspension and insists its operations haven’t been disrupted. “We’re looking into it,” they added, though they didn’t offer much detail. BullX, meanwhile, claimed on Discord that its account was “mass reported” by bad actors—possibly tied to earlier rumors (since denied) that the project was shutting down.
No one seems to know exactly why this happened. Some users suspect it’s about unpaid API access—maybe these platforms were scraping X data without paying for official developer tools. Others pointed to a fake post claiming the SEC was investigating Pump.fun, though there’s zero evidence backing that up.
Then again, not everyone’s upset about the suspensions. The Solana meme coin scene has a reputation for chaos, with rug pulls, wild hype tactics, and even threats during live streams. Earlier this year, one developer pretended to hang himself to promote a token. Pump.fun eventually banned live promotions after that, but the damage was done.
A Pattern of Dangerous Stunts
Back in May, a creator named Jeffy Yu faked his own suicide to pump his coin, even posting a fake obituary. Turns out he was just hiding at his parents’ house the whole time. Stunts like these have made the space feel like the wild west—no rules, little oversight, and plenty of people willing to cross lines for attention.
X hasn’t commented on the suspensions, and reaching these projects for clarification isn’t easy. Decrypt tried contacting Pump.fun, GMGN, and Eliza OS but couldn’t track down BullX at all. For now, it’s just speculation. Maybe the suspensions were automated. Maybe there’s more to it. Either way, it’s another weird chapter for crypto on social media.
(Edited by Sebastian Sinclair)
