Key Takeaways
- On June 16, X took down a series of accounts linked to Pump.fun and ElizaOS.
- Pump.fun’s website is unaffected by the suspensions.
Several X accounts associated with meme coin launchpad Pump.fun and open-source operating system ElizaOS were suspended today, including the projects’ official accounts and personal profiles of key executives.
The suspended accounts include those of Pump.fun co-founder Alon Cohen and Eliza Labs leader Shaw Walters, who created ElizaOS. Beyond Pump.fun and ElizaOS, other impacted accounts include those associated with GMGN, Bloom Trading, and BullX.
All projects’ websites remain operational despite the X account suspensions. Crypto Briefing has contacted Pump.fun’s team for comment regarding the account suspensions.
The suspensions come ahead of Pump.fun’s planned $1 billion token sale, which was reported by Blockworks earlier this month.
The platform is also considering sharing protocol revenue with future holders of its PUMP tokens, potentially through a buyback-powered utility structure, according to a recent report from The Block.
Details about the revenue-sharing mechanism, including possible inclusion of income from its decentralized exchange PumpSwap, have not been finalized.
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