BREAKING: Pumpfun and Dozens of Memecoin X Accounts Suspended—Mystery Shrouds Crypto Crackdown

Twitter''s latest purge hits the memecoin ecosystem hard—leaving traders scrambling for answers.

No warning, no explanation. Just vanished accounts and a trail of speculative chaos.

Was it a coordinated strike against pump-and-dump schemes? Or another arbitrary platform power play? Either way, the ''free market'' just got a heavy-handed nudge.

Funny how the ''decentralized'' crowd keeps getting centralized platform rug-pulls. Maybe next time, build your own social network—oh wait, that''d require real utility.

Memecoin-related accounts suspended

An X user identified as Ottoshowing dozens of locked profiles, including handles tied to the GMGN and Bloom trading communities. 

Affected accounts included @gmgnai, @haze0x, @arthur_gmgn, @BloomTrading, and @imBFFF00, as well as bot-infrastructure developers such as @bullx_io and @ElizaOS.

Otto described the event as an “internal enforcement sweep” rather than the result of coordinated mass-report campaigns. CryptoSlate has been unable to verify the claim.

Most of the frozen accounts provide trading tools, automated order routing, or marketing services for on-chain assets, functions that often interact with X’s rules on platform manipulation and spam. 

However, the list also includes influencers and well-known traders in the memecoin circles.

Over $10M within an hour

Within the first hour of the account’s disappearance, users flooded Pump.fun with memecoins referencing the suspension and the founder’s alias. 

DEX Screener data as of 8:22 p.m. UTC show five of them among the top 10 tokens trending for the day. Collectively, they accounted for $10.4 million in volume at the time.

Furthermore, 15 out of the 31 tokens thatand “graduated” from Pump.fun within one hour after the ban were related to the episode.

According to a Dune dashboard by user adam_tehc, the suspension-related tokens that graduatedthat completed the bonding curve on June 16.