365int
X just booted over 20 crypto accounts—no warning, no explanation. Leading the pack? Memecoin platform Pump.fun and its co-founder, Alon Cohen.
Their profiles vanished on Monday. X offered only its usual shrug: “violated the X Rules.”
They weren’t alone. At least 19 other accounts got the digital axe. Victims included platforms like GMGN, BullX, Bloom Trading, and even Eliza OS—an AI agent tool. Credit to user “Otto” for compiling the list like a true crypto detective.
For years, X has been the go-to social media playground for crypto heads. Now, it’s feeling more like detention.
GMGN: “We’re Working on It!”
GMGN wasn’t happy. On Telegram, they confirmed the suspension and said they’re “actively appealing” the decision. Apparently, they’ve got X on speed dial to get things sorted.
Did APIs Trigger the Purge?
Crypto Twitter’s best guess? Third-party API use. Since January 2023, X has banned unofficial API usage. Some say these platforms used outside tools to avoid X’s own costly API, which charges startups $60K+ per year. Ouch.
Still, nobody knows for sure. X is tight-lipped, as always.
Pump.fun: Memes, Millions, and Mayhem
Pump.fun’s whole thing is making it super easy to create memecoins—silly, speculative tokens with no real value. Some love it. Others call it a scam machine.
In fact, Pump.fun is already facing a lawsuit. The accusation? Helping shady traders launch pump-and-dump tokens. The kicker: it’s allegedly raked in $500 million in fees. That’s a lot of meme money.
Marketing rep “Braden” said the ban might be from “mass reporting bs.” Maybe. Or maybe X just hit the “yeet” button without asking questions.
