You Won’t Believe Which Crypto Darlings Got the Chop—X’s Latest Bizarre Bans 😱

Key Insights:

X has tossed Pump.fun, its intrepid co-founder, and a merry band of 20+ crypto compatriots into the digital abyss. No warning, no subtle goodbyes, just—poof!—June 17 became their tumbleweed moment.
Pump.fun’s reputation is slightly less polished than a threepenny bit, notorious for allegedly facilitating those pesky pump-and-dump frolics loved by all (except, well, everyone).
As to why the banhammer descended? Your guess is as good as the price of dogecoin tomorrow. Whispers of “liquidity harvesting”—the sort of thing only the best dinner parties gossip about—are everywhere.

X (once Twitter, now with an identity crisis to rival mid-century playwrights) has sent Pump.fun and its ringleader Alon Cohen packing. No tweet, no telegram, simply out they go—like last season’s fashions.

The event itself was a scene-stealer: 20+ crypto-centric accounts vanished overnight, inspiring mass hysteria and rampant speculation (it is, after all, crypto). The future of memecoins and the fabled transparency of social media are once again the hot topic at every virtual soiree.

What in Heaven’s Name is Pump.fun?

Pump.fun, darling, is a memecoin vending machine for the masses. Dream of creating a digital coin as quickly as you can misplace your wallet? Pump.fun was your solution—no PhD or monocle required.

Alas, its infamous simplicity also made it a playground for those with less-than-pure intentions. If you ever wanted to watch a pump-and-dump scheme unfold in real time, this was your theatre.

The routine is ever so tiresome: “innovators” artificially inflate, entice the crowd, then slink away with the loot, leaving everyone else in existential despair (and slightly lighter pockets).

If you think this is their debut scandal, think again. In January, Pump.fun was centre stage in a lawsuit because, apparently, it rolled out the red carpet for creating unregistered securities. Plaintiffs say $500 million in fees were amassed, which isn’t bad for a platform that gives you nothing but, well, nothing.

And Then There Were None: The Sudden Ban

The now-suspended Pump.fun and Alon Cohen are the proud recipients of X’s beloved “account suspended” badge. The cryptoverse is left with questions—and absolutely no answers from the powers-that-be.

Pump.fun isn’t alone in the digital gulag; their compatriots include GMGN, BullX, Bloom Trading, and the mysterious AI tool Eliza OS. According to crypto sleuth Otto, the hit list numbers at least 20, and speculation online is bubbling over faster than a glass of cheap champagne.

IT’S NOT JUST PUMP FUN!

Major CT suspensions (Ongoing Tracker)

Here’s what we’ve got so far

GMGN-Linked Accounts — Founder — Co-founder — Affiliate (?) — Affiliate — Affiliate — Affiliate

— Øtto (@0xottoman)

Why Did The Boom Lower?

The theories are flying fast and loose: some say the suspensions are about those forbidden third-party APIs. Back in 2023, X decided APIs were naughty, except those which cost a king’s ransom—around $60,000 a year to play with the grown-ups.

The suggestion: Pump.fun and its friends skipped the velvet rope, angering the bouncers with their API shenanigans. Scandalous, if true.

There’s also talk of “Liquidity Harvesting 2.0”—a phrase that sounds deliciously criminal. It refers to siphoning funds from unsuspecting punters directly into the pockets of insiders. Like Robin Hood, if Robin Hood only robbed the villagers and took off for Ibiza.

Regardless, crypto wallets with suspicious “yacht-shaped” activity have caught everyone’s eye. In essence: a sudden spending spree, a suspicious tan, and a nagging feeling someone’s run off with the loot.

Crypto’s Chorus Line Reacts

The crypto crowd has split, as always, between outrage and existential ennui. GMGN piped up on Telegram to bleat about “active appeals.” Good luck, chaps.

Braden, Pump.fun’s marketing maestro, chirped that this whole affair might be down to “mass reporting” by jealous bots before his account, too, took a digital nap.

To some, this is a wild overreaction; to others, the start of a long-overdue memecoin cull. Whether we’re watching a one-act play or the overture to a multi-season drama—only time, and potentially a well-executed musical number, will tell. 🎭😏

2025-06-17 21:48

What in Heaven’s Name is Pump.fun?

And Then There Were None: The Sudden Ban

Why Did The Boom Lower?

Crypto’s Chorus Line Reacts

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