Elon Musk, who has vowed to rid Twitter of bots and rip-off accounts, has suspended Indian developer Prabhu Biswal’s well-liked bot account. Biswal ran a Twitter account ‘Clarify This Bob’, which was linked to a preferred memecoin, BOB. The account was built-in with OpenAI’s GPT-4 mannequin, that understood and responded to tweets with a quick rationalization when tagged within the replies to the unique tweet. Musk, reportedly, is of the assumption that this account was manipulating the costs of BOB.
Musk, on June 18, tweeted that the ‘Clarify This Bob’ account “positive seems like a rip-off crypto account,” and the deal with was suspended from the micro-blogging web site quickly after.
This positive seems like a rip-off crypto account. In that case, it is going to be suspended.
— Elon Musk (@elonmusk) June 18, 2023
Adopted by over 4,00,000 folks earlier than its suspension, the ‘Clarify This Bob’ Twitter bot had jumped into the limelight in April after Musk himself had reacted to a tweet from @ExplainThisBob saying, “I like Bob”.
On the time of writing, BOB is buying and selling at $0.00001942 (roughly Rs. 0.0016) as per CoinMarketCap.
Created in April this yr on the Ethereum blockchain, the BOB coin has a most circulating provide of 690 billion and it at the moment has a completely diluted market cap of $13.3 million (roughly Rs. 109 crore).
Now that Musk has flagged the ‘Clarify This Bob’ account, the memecoin has recorded a 30 % drop in its worth during the last 24 hours.
In current hours, #FreeBob has been circulating on Twitter, urging Musk to reinstate the suspended Twitter bot.
#freebob $BOB A coin that is listed on 22 completely different markets with close to 40 million quantity is NOT a rip-off. In April Elon even stated “I like Bob” earlier than persevering with to work together for months on finish pic.twitter.com/yDZar6oQAi
— ฿ITCOIN:hamsa:TRAPPΞR (@BITCOINTRAPPER) June 18, 2023
As of now, Biswal has not responded to Twitter’s suspension.
Musk purchased Twitter for $44 billion (roughly Rs. 3,61,900 crore) final yr. As a part of his important agendas on revamping Twitter, Musk promised customers that he would rid the platform of crypto-related rip-off bot accounts.
Crypto scammers have been flocking Twitter to come up with unsuspecting victims and their actions have solely risen in current instances.
Final yr in Could, a report by crypto intelligence agency LunarCrash stated that rip-off actions on Twitter had spiked by 3,894 % on the time.
The report had additionally highlighted that the social engagement with spam posts had escalated by over 920 % on public platforms as of final yr.