⚡️ New: Suspension of Pump.fun accounts and its founder on platform X! 🛑
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🚫 Suspended accounts:
The accounts of the Pump.fun platform, known for launching meme coins on Solana, as well as the account of its founder Alon Cohen on platform X (formerly Twitter), have been suspended. The message "X suspends accounts which violate the X rules" appears on the suspended pages.
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💡 Possible reasons and speculations:
– Violation of terms of service: No official reason has been announced, but speculation points to unauthorized use of X's APIs, which X has begun to tighten oversight on recently.
– Critical timing: The suspension comes just days before the anticipated launch of the platform's PUMP token, which could negatively impact the launch process.
– Previous legal concerns: Pump.fun has faced previous lawsuits accusing it of violating securities laws and facilitating inappropriate content.
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🌐 Impact on the crypto community:
This suspension has sparked widespread controversy in the cryptocurrency community. Some express concern about the future of the platform and the token launch, while others see these steps as potentially positive for the market in the long run by enforcing discipline.
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