🚨 Pump.fun Suspended? What We Know So Far

If you’ve been checking Pump.fun or scrolling through Crypto Twitter today, you probably noticed something’s off.

Both the official Pump.fun X account (@pumpdotfun) and co-founder Alon Cohen’s account have been suspended as of June 16, 2025. No official explanation has been posted—but this isn’t an isolated incident. It’s just the latest chapter in a growing list of problems for the meme coin launchpad.

Let’s break down exactly what’s going on—and why the future of Pump.fun might be at risk.

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🔥 What Triggered the Recent Suspensions?

Here are the 3 major factors behind the platform’s current crisis:

1. Harmful Content on Livestreams 📺

In late 2024, Pump.fun introduced a livestream feature to gamify token launches. Instead, it quickly became a magnet for disturbing content. Reports surfaced of users:

• Threatening suicide if their tokens didn’t pump
• Broadcasting violence and explicit content
• Using the livestream to manipulate or pressure viewers

Despite doubling their moderation team and implementing automated tools, the content kept spiraling. The backlash from the community—and even mainstream media—forced Pump.fun to suspend livestreams indefinitely.

This was the first clear sign the platform was growing faster than it could control.

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2. Compromised X Accounts + Scam Token Promotions 🛡️

In February 2025, Pump.fun’s official X account was hacked and used to promote a fake “PUMP” governance token.

• The token was never real.
• Price spiked on hype, then crashed—classic rug.
• Investors lost money.

Pump.fun responded with a warning and promised to investigate, but it took weeks to regain credibility. Now, both the main account and Alon Cohen’s personal account are suspended again—raising fresh fears that security problems still haven’t been fixed.

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3. Legal Pressure and Regulatory Crackdowns ⚖️

Pump.fun is currently facing:

• A class-action lawsuit filed in January 2025 for facilitating the sale of unregistered securities via meme coins like PNUT (Peanut the Squirrel).
• Allegations that the platform encourages pump-and-dump schemes and provides zero investor protection.
• A warning from the UK Financial Conduct Authority (FCA) labeling Pump.fun an unauthorized exchange with scam potential.

In response, the platform banned all UK users in December 2024.

So to recap: legal fire, hacked accounts, livestream chaos. Not great.

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🧠 Will Pump.fun Shut Down?

Short answer: Not yet.

There’s no official statement about a full shutdown of the Pump.fun site. The platform remains active, with:

• Thousands of meme tokens launching daily
• PumpSwap, their decentralized exchange, still running
• Revenue still flowing via launch and swap fees

But these ongoing problems raise serious questions about the platform’s future.

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🚩 What This Means for You

If you’re still using Pump.fun—or thinking about launching a meme coin—here’s what you need to know:

• The platform is unregulated, under legal fire, and struggling with moderation.
• You’re likely dealing with bots, not real people.
• Your investment is high risk and largely unprotected.
• Suspensions and hacks suggest deeper structural problems.

This isn’t just “fun and games” anymore. It’s a liability.

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🧠 Crypto Dummy Take:

Pump.fun is a microcosm of everything wrong (and addictively right) about meme coin culture.

It’s fast, chaotic, and sometimes brilliant—but it’s also unstable, easily exploited, and fundamentally unserious about user safety. While it remains online, these red flags shouldn’t be ignored.

Until we see clear changes, proceed with caution—or not at all.

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💬 Have a Pump.fun horror story?
Got rugged? Scammed? Sniped? We want to hear it.
📧 Drop a message to info@CryptoDummy.io or tag us on X @CryptoDummy_X.

This is not financial advice. Just a dummy with a keyboard.