Elon Musk’s X Sues Bitcoin Account Network It Says Farmed £207,000 Via Fake Engagement The recent lawsuit filed by Elon Musk's X against two of its own users highlights the ongoing issue of abuse on social media platforms.
The alleged scheme, which generated over £207,000 through fake engagement and manipulated content, is just one example of a broader pattern of exploitation.
The defendants, Vivek Kumar Sen and Zamyang Sherpa, are accused of operating a network of Bitcoin accounts that churned out identical "BREAKING" posts about Michael Saylor's pronouncements or Hester Peirce's musings on the CLARITY Act.