INSUBCONTINENT EXCLUSIVE:
Social media platform X has suspended the accounts of crypto memecoin platform Pump.fun and its founder in an apparent blitz that saw dozens
platform for crypto users, and account suspensions significantly impact the ability of affected crypto platforms to communicate with their
users.The X account for Pump.fun was among nearly two dozen crypto-related accounts suspended as of Monday
Source: XX did not immediately respond to a request for comment
accounts were suspended for using a third-party application programming interface (API), which X banned the use of in January 2023.Related:
in-house API tool, which starts at $60,000 a year for its subscription level aimed at startups.Despite the speculation, the reason for the
divided opinions as its platform has eased the process of creating memecoins, highly speculative cryptocurrencies that have no intrinsic
value.Pump.fun was accused of helping create pump-and-dump schemes in a January class-action lawsuit, which claimed every token it helped
create is an unregistered security from which it made nearly $500 million in fees.Hall of Flame: NBA star Tristan Thompson misses $32B in
