The recent freeze of PumpFun and co-founder Alon Cohen's accounts has drawn attention from the crypto community. This incident occurred just before the $PUMP token airdrop and $1 billion token sale.
Delay Before Token Sale
The accounts of PumpFun and its co-founder Alon Cohen were frozen on June 16, 2025, just before the scheduled $PUMP token airdrop and a $1 billion token sale. The reasons for the suspensions have not been disclosed by X, PumpFun, or Cohen.
Impact on the Crypto Industry
This situation highlights concerns over the reliability of social media as key communication channels within the cryptocurrency sector. Although PumpFun's website and core services remain operational, the overall market sentiment has been affected.
Expert Discussions
Crypto experts point to similar account suspensions in other projects, potentially resulting from unauthorized API usage. 'Some crypto apps like Pump.fun use Twitter trackers and snipers... the word on the street is they were probably using ‘black market’ or shared APIs — unofficial ways to gather Twitter data,' shares an anonymous source from the crypto community.
The suspension of PumpFun and Alon Cohen's accounts raises important questions about crypto projects' dependency on social platforms and potential legal risks. This situation may influence operational practices within the industry.
