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@0xdoteth

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Pump.fun and its founder hit in X account suspension blitz X has suspended over 20 crypto-related accounts as of Monday, with the bans hitting Pump.fun and its co-founder, Alon Cohen. Pump.fun and its founder hit in X account suspension blitz Social media platform X has suspended the accounts of crypto memecoin platform Pump.fun and its founder in an apparent blitz that saw dozens of crypto-related accounts temporarily banned on the site. On Monday, the X accounts for Pump.fun and its co-founder, Alon Cohen, showed they were suspended, but X did not explain why, showing only the platform’s standard disclaimer that “X suspends accounts which violate the X Rules.” At least 19 other accounts connected to the crypto trading platforms GMGN, BullX, Bloom Trading and the artificial intelligence agent tool Eliza OS were also taken offline, a list compiled by X user “Otto” shows.
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Coinbase’s CEO is driving urgent action behind two landmark crypto bills that promise regulatory clarity, investor protection, and explosive growth for America’s digital asset future. Coinbase Urges Legislative Action on 2 Crypto Bills: ’52 Million American Crypto Owners Are Counting on It’ Cryptocurrency exchange Coinbase (Nasdaq: COIN) renewed its call for Congress to establish clear regulatory oversight of digital assets, urging lawmakers to enact two key pieces of legislation. CEO Brian Armstrong stressed the urgency of regulatory clarity on social media platform X on June 12, stating: The Cryptocurrency Legal Clarity Act of 2023 (CLARITY Act) is advancing through the U.S. House, aiming to define regulatory roles for the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in overseeing digital assets. It includes the Blockchain Regulatory Certainty Act, exempting developers of noncustodial blockchain tools from being labeled as financial institutions.
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