Elon Musk Tweets Crypto Bot Ban, who purchased Twitter earlier this year, has been extremely public about his desire to purge the microblogging network of crypto bods. Musk issued a warning to the bots crawling over the social networking app over the weekend. Following Musk’s alert, industry members such as Dogecoin co-founder Billy Markus reported that bot activity on Twitter has decreased. Musk wants to remove bots from Twitter, where a slew of questionable and potentially dangerous hoax threats expose millions of individuals to financial risk.
Musk claims that a group of people are running bots and troll accounts on Twitter and that their known IP address will be dealt with by the Twitter staff soon.
The bots are in for a surprise tomorrow
— Elon Musk (@elonmusk) December 11, 2022
The interesting question is what percentage of toxic behavior on Twitter is driven by sick bots rather than healthy people. It is quite possible that the vast majority of critical, malicious, and divisive discourse is driven by a few diabolical actors driving large bot armies.
— Michael Saylor⚡️ (@saylor) December 11, 2022
Dogecoin’s Markus, together with Bitcoin expert PlanB on Twitter, undertook experiments to see if the bot army’s activity slowed after Musk’s warning.
They also applauded Tesla and SpaceX CEO Elon Musk on his anti-bot plans.
i made a test post and instead of seeing 50 bot replies i only saw one
much progress, very hype
— Shibetoshi Nakamoto (@BillyM2k) December 11, 2022
Just testing if the bots are really gone! pic.twitter.com/2v7BU3xMfu
— PlanB (@100trillionUSD) December 11, 2022
According to LunarCrush, a crypto intelligence organisation, spam volume on Twitter has increased 1,374 percent in the last three years.
Back in August, a cyber security analyst known as ‘Serpent’ warned to his followers that the crypto community is extremely dangerous on Twitter.
According to Serpent, criminal actors have pretended to assist victims of phishing scams before employing the ‘crypto recovery fraud’ tactic to further deceive them. Before charging a fee and fleeing, the scammers pose as blockchain developers and ask for a fee to install a smart contract to recover stolen assets.
Under the conditions, Musk has pledged to deactivate bot accounts as soon as they are discovered.
“Twitter will also be moving to prosecute scammers anywhere on Earth,” the billionaire said.
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