Pump.fun and founder Alon's accounts banned on X alongside other memecoin services

Description

X has suspended the official “pumpdotfun” handle and founder Alon Cohen’s “a1lon9” account, along with other memecoin-related services, sparking online speculation about SEC involvement and the legality of pump. Fun's operations.

Authors

Danny Park

Publish date

June 16, 2025

Publisher

The Block

Web URL

https://www.theblock.co/post/358461/pump-fun-and-founder-alons-accounts-banned-on-x

Referenced by

X did not explicitly state the reason for the mass suspension.

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Quote

In January, pump.fun was hit with a proposed class-action lawsuit alleging it offered and sold "highly-volatile" unregistered securities to investors, generating nearly $500 million in fees.

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Pump.fun and other accounts suspended from X. A memecoin crackdown in the making?

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