X (formerly Twitter) has launched what appears to be a major enforcement sweep targeting the memecoin sector, suspending over 20 prominent accounts, including Solana-based token launchpad Pump.fun and its co-founder Alon Cohen.
The suspensions, which occurred on Monday, June 16, mark one of the most aggressive moderation actions X has taken against crypto-linked accounts in 2025, sparking concern across the memecoin and decentralized finance (DeFi) communities.
Pump.fun and Co-Founder Vanish from X
Users attempting to access the profiles for @pumpdotfun and @AlonCohenX are now met with the platform’s standard “Account suspended” message, indicating violations of X’s platform rules. No further context has been provided by X at the time of publication.
A screenshot of Pump.fun’s suspended profile began circulating shortly after the suspensions went into effect, fueling speculation around the motives behind the crackdown.
Broader Sweep Targets Trading Bots and Meme Infrastructure
The move doesn’t stop with Pump.fun. According to community trackers and Telegram reports, other affected platforms include BullX, Bloom Trading, and GMGN, as well as numerous accounts associated with bot infrastructure and automated trading tools.
These tools are widely used in the memecoin ecosystem to launch tokens, snipe early trades, and manage large memecoin positions functions that sit in a regulatory gray area and have faced increased scrutiny in recent months.
“This may be the first coordinated crackdown specifically focused on memecoin tooling,” one developer told crypto.news under anonymity.
Regulatory Pressure and Platform Policy Violations
Although X has not released an official statement, many speculate that the crackdown is partially a response to Pump.fun’s controversial mechanics, which have been linked to multiple rug pulls and pump-and-dump scams.
Despite gaining popularity for democratizing token creation on Solana, Pump.fun has also drawn criticism for enabling rapid-fire meme token launches, often with little oversight. In January, the platform became the subject of two lawsuits alleging facilitation of fraudulent activity.
Others suggest the suspensions may be tied to violations of X’s third-party API policy, which was tightened in January 2023. Many automated trading tools and launchpads rely heavily on unauthorized API access to monitor trading signals and user interactions.
Silence from Pump.fun and Uncertainty Ahead
As of press time, neither Pump.fun nor Alon Cohen has publicly addressed the suspensions. Meanwhile, GMGN posted a short message in its Telegram group, stating that it is “in contact with X” and working to resolve the issue.
It remains unclear whether the suspensions are temporary enforcement actions or permanent bans. Community reaction has been mixed, with some applauding the move as a step toward protecting retail traders, while others worry it signals increased censorship of crypto-native platforms.
