As Tesla’s Elon Musk attempted to buy Twitter and gain insight into the number of bots on the social media platform, Twitter bots affected thousands of posts day by day. In the cryptocurrency industry, bots are very prevalent and anytime a popular crypto account posts, the thread is teeming with legions of bots trying to scam people. Despite people regularly reporting bots and openly complaining about the problem, Twitter has done little to address the issue.
Musk’s Bot Allegation Backed by Binance – ‘Twitter, Please, I’m Enough of My Boss Already’
Twitter (NYSE:TWTR) has a problem with fake accounts, or bots, which are quite prevalent in the crypto ecosystem and other industries such as technology, finance, and politics. While bots and fake accounts have been around for quite some time, when Elon Musk tried to buy Twitter this year, his team asked for numbers related to the amount of spam accounts that took advantage of the social media application. When Musk decided to terminate the deal with Twitter, his lawyer explained that the Tesla executive needed “more information than is necessary to conduct an independent assessment of the spread of fake or spam accounts on Twitter’s platform.”
Musk’s lawyer said:
Twitter has sometimes ignored Mr Musk’s requests, sometimes dismissed them for reasons that seem inappropriate, and sometimes it has claimed to have complied by giving Mr Musk incomplete or unhelpful information.
In late August, a Delaware Court of Chancery judge ordered Twitter to provide additional data to Musk and his team. In addition, the US Securities and Exchange Commission (SEC) has also started investigating spam accounts using social media applications. On September 5, Musk tweeted about the new “Rings of Power” movie and after his comment he said: “And 90% of my comments are bots.” Musk shared a photo of spam accounts pretending to be Binance CEO Changpeng Zhao, otherwise known as “CZ”.
The official Binance account on Twitter complained to the social media company in Musk’s thread, insisting: “Twitter, please, I’ve already seen my boss. Can you help so I get him 99 times every day? Don’t need to see much?” The account name “CZ Binance” is a very popular spam account name right now, and a simple search will produce an instant 16 accounts Pretend to be “CZ Binance”. Spelling CZ name with the word Binance different variations Will produce dozens of CZ bots that are spamming people on Twitter every day.
Armies of CZ Twitter Bots
Currently, legions of CZ bots that exist can be found spamming almost every major crypto account that has published a tweet. For example, Twitter account News for Bitcoin.com has 2.6 million followers, and every time Account tweets a new article, Spam accounts appear in large numbers and some of them are fake CZ accounts. A large number of other fake accounts use non-fungible token (NFT) images for their profile pictures and spam comments with links and further states: “Why is no one talking about this?To further strengthen the scam, people also have fake account replies to the comments. “It’s crazy dude,” one person says in response to a YouTube video link to a scam.
The same spam accounts and CZ bots can be found in tweets from almost every popular Twitter account, including coindesk, Cointelegraph, section, coinbase, crypto.com, bitfinex, Blockchain.com, even more. In addition to CZ, Twitter has been littered with tons of Vitalik Buterin copy-cat Twitter bots since the start of Ethereum’s merge hype. the worse thing is that some of these accounts The blue check mark is verification. Buterin also openly made fun of One of the great comments crypto bot scammers like to say in Twitter threads: “But why is everyone silent on this FQTP???” Following the comment, Buterin ‘recrawled’ the thread with Rick Astley’s official music video for “Never Gonna Give You Up”.
The reporting process on Twitter is broken down into a myriad of sections, but it provides the ability to report an account on which “[Spamming or] posting malicious links, misuse of hashtags, fake engagements, repetitive replies, retweets or direct messages.” After investigating this part of Twitter’s complaints process, the account could be charged with “posting deceptive or deceptive links that may lead to scams, phishing, or other malicious links.” After notifying Twitter that the account is posting deceptive or deceptive links that lead to scams, Twitter asks you one more time to confirm the report. “It sounds like you want to create a report for platform manipulation and spam,” Twitter’s reporting process asks.
Usually, after reporting dozens of spam accounts of this type, bots still exist in large numbers and at times, Twitter will not respond to reports. Once in a while, Twitter will say that it found the account was suspected of spamming and responded to the report. Usually, Twitter only hides the spam account from the person who reported it and the fake account is still seen by the general public.
Crypto Influencer Pomp Addresses Twitter’s Spam Account Problem, Social Media Company’s Head of Information Security Inquired About Spam Issue
Last week, the popular Twitter account run by crypto investor Anthony Pompliano known as “Pomp” complained About bot status. “I manually blocked hundreds of Twitter bots today,” Pompliano wrote on 12 September. “It happens every day. How can a $32 billion company in the world not solve this problem? I have blocked 30 bots who replied to the original tweet in the first 4 minutes. Unrealistic,” added the crypto influencer.
Twitter, the company’s employees and support team have been asked about the problem of bots and spam accounts for a long time. Lee Kissner, CISO of Twitter’s information security, privacy engineering and IT teams, was asked about the problem on August 18. “Are you planning to assemble a team to deal with spam?” person Asked Kissner. “It’s out of control, [especially] In the bitcoin/crypto realm. check any bitcoiner [a] decent follow.” Kissner answered the question and Told: “Trust and safety and health are separate teams. We work with them, but a different organization.” The person responded to Kissner’s statement and commented,
I thought that spam prevention would come under information security. It’s my fault then.
What do you think about crypto spam accounts and CZ bots on Twitter? Let us know what you think about this topic in the comment section below.
image credit: Shutterstock, Pixabay, WikiCommons
Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation or recommendation or endorsement of an offer to buy or sell any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the Company nor the author is responsible, directly or indirectly, for any damage or loss alleged to be caused by or in connection with the use or reliance on any materials, goods or services mentioned in this article.