Pump.fun, Founder Alon’s X Accounts Banned, Will T

X (formerly Twitter) has banned several crypto-related accounts, including Solana-based memecoin launchpad Pump.fun and its co-founder, Alon Cohen.

Accounts of Eliza Labs leader Shaw Walters, who created the open-source operating system ElizaOS, were also suspended on Monday.

X is supposedly stepping into another wave of enforcement against memecoin tools and their founders. Pump fun’s rapid-fire launches and rumors of automated liquidity pulls made it a regulatory magnet.

The social media platform previously froze accounts involving meme trading tools, KOLs and crypto bots.

Other accounts banned on Monday include those related to GMGN, Bloom Trading, BullX and others.

Pump.fun and other affected account websites remain operational; however, the ban has raised mounting concerns over the recent memecoin hype.