Since Tesla’s Elon Musk bought Twitter and attempted to get information on the social media platform’s bot count, Twitter bots have been infesting tens of thousands of posts daily The company says that the number of bots in the cryptocurrency industry is very high. Bots are so prevalent in the cryptocurrency industry that whenever a popular crypto account posts, its threads are crawling 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 it.
Mask’s bot accusations supported by Binance – “Twitter, please, I’ve seen enough of your bosses”
Twitter (NYSE:TWTR) has had issues with fake accounts, or bots, which are quite prevalent in the crypto ecosystem and other industries such as technology, finance and politics. The existence of bots and fake accounts has been known for quite some time, but when Elon Musk tried to buy Twitter this year, his team asked for figures on the amount of spam accounts leveraging the social media application. musk’s deal with Twitter When he decided to terminate the deal, his lawyer explained that Tesla executives needed more information to “make their own assessment of the prevalence of fake or spam accounts on Twitter’s platform.”
Musk’s lawyer added:
Twitter sometimes ignored Mr. Musk’s requests, sometimes denied them for reasons that seemed unreasonable, and sometimes insisted on compliance while giving him incomplete or unusable information.
In late August, a Delaware Chancery Court judge ordered Twitter to provide additional data to Mask and his team. In addition, the U.S. Securities and Exchange Commission (SEC) also opened an investigation into spam accounts using social media applications; on September 5, Musk tweeted about the new “Rings of Power” film, and after his comment, he said, ” And 90% of my comments are bots.” Musk published a photo of a spam account impersonating Binance CEO Changpeng Zhao, aka “CZ.”
Twitter’s official Binance account complained about the social media company in a Musk thread, emphasizing.” Twitter, please, I’ve seen enough of my boss. Please help me so I don’t have to see him 99x daily. “The account name “CZ Binance” is a very popular spam account name right now, and a simple search immediately brings up.” You can find 16 accountspretending to be “CZ Binance”; spelling the word Binance indifferent variations on CZ’s namegenerates dozens of CZ bots that spam people daily on Twitter.
Legions of CZ Twitter bots
We can see that the legions of CZ bots that currently exist spam almost every major crypto account that publishes tweets. For example, theBitcoin.com News Twitter accounthas 2.6 million followers, and every time theaccount tweets a new article, a large number of spam accounts appear, of whichsignificant number of them are fake CZ accounts. Many of the other fake accounts use non-fusible token (NFT) images for their profile pictures, spam with comments with links, and even say this.”Why isn’t anyone talking about this?“Also, they let fake accounts reply to comments to facilitate the scam.” This is crazy dude,” one person said in response to a link to a Youtube video of the scam.
The same spam accounts and CZ bots can be found in tweets by almost every popular Twitter account, includingCoindesk, Cointelegraph}, The Block, Coinbase, Crypto.com, Bitfinex, Blockchain.comand more. Since then, Twitter has been littered with many Vitalik Buterin copycat Twitter bots. To make matters worse, some of these accountshave confirmed blue checkmarks; even Buterin openly mocked one of the crypto-bot scammer’s favorite prolific commentsin a Twitter thread.” But why is anyone silentFQTP on this.” After the comment, Buterin “Rickrolled” the thread with Rick Astley’s official music video “Never Gonna Give You Up.”
Twitter’s reporting process is broken into countless sections, but does provide the ability to report accounts accused of “[spamming or] posting malicious links. hashtag abuse, fake engagement, repeated replies, retweets, and direct messages”. After reviewing this part of Twitter’s complaint process, the account can be accused of “posting misleading or deceptive links, leading to scams, phishing, or other malicious links.” After notifying Twitter that the account is posting misleading or deceptive links that lead to fraud, Twitter will ask you to review the report one more time.” Twitter’s reporting process asks, “It looks like you want to report platform manipulation and spam.
Typically, after reporting dozens of spam accounts of this type, the bots are still at large and Twitter often does not respond to the report. On rare occasions, Twitter will say that it has found a suspected spam account and will respond 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 public.
Crypto influencer Pomp mentions Twitter’s spam account problem; social media company’s information security director is asked about spam issues
Last week, a popular Twitter account known as “Pomp,” run by crypto investor Anthony Pompliano,complainedabout the bot situation.” I have manually blocked hundreds of Twitter bots today.” Pompliano wroteon September 12.” This happens every day; how in the world can a $32 billion company not fix this problem? I have blocked over 30 bots that responded to the original tweet in the first 4 minutes.Unreal,” the crypto-influencer added.
Twitter, its employees, and its support team have been asked about the bot and spam account issue for quite some time; Lea Kissner, CISO of Twitter’s information security, privacy engineering, and IT team, said on August 18 asked about this issue.” Do you plan to assemble a team to deal spam,” that personaskedKissner.” It’s out of control, especially in the bitcoin/crypto sphere.” “Check out the bitcoiners who have a decent following.” Kissner answered that question andsaid: “Trust and health and safety are different teams. We work with them, but they are different organizations.” The person responded to Kissner’s statement andsaid:
I thought that anti-spam fell under information security. Then I was wrong.
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