Why Twitter has suspended AI bot account linked to memecoin “Explain This Bob”

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  • Famous Twitter AI-Powered bot account “Explain This Bob” has been suspended
  • Twitter owner Elon Musk hinted on June 18 at the suspension of the AI-powered account, claiming it is a ‘scam crypto’.
  • Before its suspension, the Explain This Bob account had gathered over 400,000 followers.

The Twitter account associated with the AI-powered bot “Explain This Bob” has been suspended. This follows Elon Musk’s accusation of it being a “scam crypto account.” Musk made the allegation in a tweet on June 18, and shortly after, the account was apparently suspended. Before its suspension, the Explain This Bob account had gathered over 400,000 followers. The bot, created by Prabhu Biswal, utilized OpenAI’s GPT-4 model to comprehend and respond to tweets from users who tagged the account.

Before its suspension, the Explain This Bob account had gained a substantial following. The account had amassed over 400,000 followers. Prabhu Biswal developed the bot in India. It utilized OpenAI’s GPT-4 model to comprehend and provide responses to tweets from users who tagged the account.

The project was also associated with the ERC-20 meme coin called Bob Token (BOB). This one was launched in April. However, the suspension of the Explain This Bob account had repercussions on the price of BOB. It caused it to plummet by over 30%, as reported by CoinGecko.

READ: Twitter collaborates with eToro to launch crypto and stock trading options

Interestingly, this suspension represents a significant turnaround from Musk’s earlier impression of the bot. On April 20, Musk tweeted, “I love Bob”, in response to one of its tweets. This statement is prominently featured on the project’s website. However, Musk’s opinion seemed to have changed, leading to his accusation of the account being a scam.

While Twitter has taken action against the Explain This Bob account, no similar action has been taken against the Bob Token account. In response to the suspension, the project’s team adopted a humorous approach. They shared a meme depicting Musk monitoring a distressed “Bob” in prison. Observers speculate that Musk perceives Explain This Bob as a marketing tactic designed to bolster the price of BOB.

Following the suspension, the hashtag “FREEBOB” started circulating on Crypto Twitter. Moreover, it reflected the sentiment of many observers who view the suspension as unjustified. They argue that BOB is not a scam coin. Additionally, they emphasize that the token’s launch was fair. Furthermore, supporters assert that BOB is fully decentralized and features a 0% tax mechanism. Some even claim that the project’s team did not allocate any tokens or conduct airdrops for themselves prior to the launch of Bob Token in April.

READ: Elon Musk changes Twitter logo to meme dog, endorses Dogecoin as Twitter’s payment option

The suspension of the Explain This Bob Twitter account has ignited a debate within the cryptocurrency community. This is regarding the legitimacy of BOB and the rationale behind the account’s suspension. As discussions unfold, proponents of the project continue to advocate for the reinstatement of the account, expressing their confidence in the credibility and decentralized nature of the token.

The situation surrounding ‘Explain This Bob’ serves as a reminder of the influence and impact that public figures like Elon Musk can have in the cryptocurrency space. Their statements and opinions can sway market sentiments, leading to significant consequences for projects and their associated tokens. It also highlights the challenges and complexities social media platforms face in managing and addressing potential scams or fraudulent activities within the crypto community.

As the crypto world evolves, regulators and platforms will likely continue refining their approaches to ensure users’ protection and transparency. In the case of Explain This Bob, the suspension of its Twitter account has raised questions about the line between legitimate projects and potential scams, underscoring the need for careful scrutiny and due diligence from investors and participants in the cryptocurrency market.

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Nathan Sialah
Nathan Sialah
Nathan Sialah is a seasoned journalist with a diverse background in digital journalism, radio broadcasting, and cryptocurrency trading. With over five years of experience in the field, Nathan has honed his skills in delivering accurate and engaging news content to a wide audience. In addition to his journalistic expertise, Nathan is a dedicated researcher in the Artificial Intelligence industry, keeping abreast of the latest advancements and trends. His multifaceted background allows him to bring a unique perspective to his reporting, covering a wide range of topics with depth and insight.
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