{"id":44501,"date":"2025-06-17T11:35:05","date_gmt":"2025-06-17T08:35:05","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=44501"},"modified":"2025-06-17T11:35:05","modified_gmt":"2025-06-17T08:35:05","slug":"shock-blow-to-crypto-exchanges-19-accounts-suspended-on-x","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/shock-blow-to-crypto-exchanges-19-accounts-suspended-on-x\/","title":{"rendered":"Shock Blow to Crypto Exchanges: 19 Accounts Suspended on X!\u00a0"},"content":{"rendered":"<p><span data-contrast=\"auto\"><strong>Pump.fun,<\/strong> a <strong>Solana-based<\/strong> platform, had its official <strong>X account suspended<\/strong> on June 16, 2025. This caused a wide reaction in the crypto community and sparked many speculations. The personal X account of <strong>Pump.fun\u2019s founder, Alon Cohen<\/strong>, was also suspended.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/shock-blow-to-crypto-exchanges-19-accounts-suspended-on-x\/#Reasons_for_X_Suspensions_and_Speculations\" title=\"Reasons for X Suspensions and Speculations\u00a0\">Reasons for X Suspensions and Speculations\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/shock-blow-to-crypto-exchanges-19-accounts-suspended-on-x\/#Impact_on_Market_and_Community\" title=\"Impact on Market and Community\u00a0\">Impact on Market and Community\u00a0<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Reasons_for_X_Suspensions_and_Speculations\"><\/span><span data-contrast=\"auto\">Reasons for X Suspensions and Speculations<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-contrast=\"auto\">The official reason for the suspensions has not yet been disclosed by X platform or <strong>Pump.fun officials<\/strong>. Meanwhile, <strong>X suspended<\/strong> more than <strong>20 crypto<\/strong>-related accounts on Monday.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-44502\" src=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/06\/Ekran-goruntusu-2025-06-17-102703.png\" alt=\"pump.fun\" width=\"887\" height=\"619\" srcset=\"https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/06\/Ekran-goruntusu-2025-06-17-102703.png 940w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/06\/Ekran-goruntusu-2025-06-17-102703-300x209.png 300w, https:\/\/coinengineer.net\/blog\/wp-content\/uploads\/2025\/06\/Ekran-goruntusu-2025-06-17-102703-768x536.png 768w\" sizes=\"auto, (max-width: 887px) 100vw, 887px\" \/><\/p>\n<p><span data-contrast=\"auto\">Some reports suggest that <strong>Pump.fun<\/strong> or related third-party tools may have violated X\u2019s <strong>API<\/strong> usage policies. X has recently taken a strict stance on unauthorized API usage. In a class-action lawsuit filed in January, investors accused Pump.fun of orchestrating <strong>pump-and-dump<\/strong> schemes. They claimed the company earned approximately <strong>$500 million<\/strong> from each token it created, alleging these were unregistered securities.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">Fraud allegations such as &#8220;<strong>AutoRug<\/strong>&#8221; (automatic rug pull) in some token projects and liquidity problems may have triggered further scrutiny of the platform. The suspension coinciding with Pump.fun\u2019s planned launch of its native token, &#8220;<a href=\"https:\/\/coinengineer.net\/blog\/memecoin-cilginligi-buyuyor-pump-fun-1-milyar-dolar-toplamaya-hazirlaniyor\/\"><strong>$PUMP<\/strong><\/a>,&#8221; is also noteworthy.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">According to a list compiled by X user &#8220;Otto,&#8221; at least <strong>19 more accounts<\/strong> linked to crypto trading platforms <strong>GMGN, BullX, Bloom Trading<\/strong>, and AI tool <strong>Eliza OS<\/strong> were taken offline.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Impact_on_Market_and_Community\"><\/span><span data-contrast=\"auto\">Impact on Market and Community<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span data-contrast=\"auto\">The suspension of <strong>Pump.fun\u2019s X account<\/strong> creates a significant gap in the platform\u2019s marketing and communication channels, which may negatively affect its operations and user engagement in the short term. Some community members view this as a positive development that could reduce excessive speculation in the meme coin market, while others worry about potential negative effects on token launches and overall market sentiment.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"auto\">While the exact reason for the suspension remains unclear, this incident is seen as an indication of <strong>X platform\u2019s<\/strong> increased control over crypto-related accounts.<\/span><span data-ccp-props=\"{}\">\u00a0<\/span><\/p>\n<p><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<span class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram<\/a>,\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube<\/a><\/span><span class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">,<\/span>\u00a0and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><span class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/span><\/a>\u00a0channels for the latest<span class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">news<\/a><\/span>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pump.fun, a Solana-based platform, had its official X account suspended on June 16, 2025. This caused a wide reaction in the crypto community and sparked many speculations. The personal X account of Pump.fun\u2019s founder, Alon Cohen, was also suspended.\u00a0 Reasons for X Suspensions and Speculations\u00a0 The official reason for the suspensions has not yet been<\/p>\n","protected":false},"author":36,"featured_media":44503,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[657,11],"tags":[18428,18426,18432,6033,18423,18430,12199,18427,18425,18429,16144,18431,18433,18424],"class_list":["post-44501","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-en","category-exchange-news","tag-autorug-scam","tag-crypto-api-violation","tag-crypto-community-impact","tag-crypto-regulation","tag-crypto-suspension","tag-crypto-trading-ban","tag-meme-coin-market","tag-pump-and-dump-schemes","tag-pump-fun-ban","tag-solana-projects","tag-token-fraud","tag-token-launch-issues","tag-unauthorized-api-use","tag-x-platform-crackdown"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Shock Blow to Crypto Exchanges: 19 Accounts Suspended on X!\u00a0 - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/shock-blow-to-crypto-exchanges-19-accounts-suspended-on-x\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shock Blow to Crypto Exchanges: 19 Accounts Suspended on X!\u00a0 - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"Pump.fun, a Solana-based platform, had its official X account suspended on June 16, 2025. This caused a wide reaction in the crypto community and sparked many speculations. 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