Elon Musk Demands Removal Crypto Scam Accounts From Twitter

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Last Updated on 10 April 2022 by CryptoTips.eu

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Elon Musk, the world’s richest man who since this week became also the largest shareholder of Twitter, is cleaning up one of the world’s biggest social media platforms. After he asked his 81 million followers in a poll whether or not they would like an edit button, Twitter obliged and stated that the feature would soon follow suit.

Problem is that some say Musk would use this edit button himself, to change some of his more awkward Dogecoin tweets for example, which could land him in hot water with the SEC in the future.

Technology analyst Ranjan Roy pointed out:

The US government regulator has been in a fight with the world’s richest man over his ability to use a communications platform that’s vital to his business interests – and he just went and effectively bought the platform.

As a Guardian commentator also claimed this week, this:

May be why he is suddenly in favor of being able to revise his tweets. It may ultimately be his get-out-of-jail card.

Advertentie.

Crypto scam

Now Musk has a new plan, to rid Twitter of crypto scam accounts.

The Tesla and SpaceX CEO already has a lot of work on his plate, but is clearly excited about his newest hobby, cleaning up Twitter and (hopefully for shareholders) making it more profitable. Pointing out that the biggest accounts (like the one of former US President Barack Obama) rarely tweet, he asked whether or not Twitter was actually growing. Musk stated:

Most of these “top” accounts tweet rarely and post very little content. Is Twitter dying?

One reply he got showed him that the social media platform indeed showed growth, to which Musk again replied:

Now subtract crypto scam accounts that twitter constantly shows as “real” people in everyone’s feed

Musk’s answer was immediately liked by many, not in the least by Cryptowhale, the analyst who’s been heavily bearish on Bitcoin and critical of ‘Bitcoin maxis’ in the past, claiming that they wrecked it for anyone else on social media.

Cryptowhale said:

Yessss!! Speaking facts! Those scam accounts represent probably 30% of crypto Twitter. Definitely work on getting them removed. Thank you!

Sure looks like Musk’s 9% stake in Twitter is making an impact. If this can indeed get all Twitter crypto bot accounts cleaned up, it would surely get a lot of clutter out of the feeds. Keep it going Elon.