Elon Musk, previously associated with Twitter and currently executive chair and CTO of X, has come under scrutiny for the suspension of an XRP-focused account.
The account, named Digital Asset Investor.XRP, was notably active in promoting discussions related to XRP, a cryptocurrency embroiled in controversies, including a lawsuit by the SEC labeling it as an unregistered security.
Crypto Eri, a prominent figure in the cryptocurrency realm, took to X to ask Musk if the account’s suspension was accidental.
The Digital Asset Investor.XRP account was not only a hub for XRP advocates but also a platform where enthusiasts could share insights and engage in crypto discussions.
While some argue that the account suspension might be a proactive step against potential scammers, the silence from X’s end has fueled further speculation.
Reacting to a suggestion that the move was anti-scam, Crypto Eri expressed her dismay, stating, “I consistently stick to the facts, even if labeled as the ‘crypto police’ or part of ‘cancel culture’. It’s heartbreaking, especially when he’s built his entire channel on the X platform.”
Prominent personalities, including pro-XRP lawyer John Deaton, are now questioning if this suspension is an isolated event or indicative of a broader censorship trend within the X platform.
In another development, recent findings revealed that the SEC is probing Musk over potential violations of federal securities rules.
This investigation delves into Musk’s actions related to stock purchases and subsequent declarations about X’s acquisition.
Other Stories:
Binance Market Dominance Dips Amid Regulatory Hurdles and Fee Changes
Bitcoin Stabilizes Near $28,000: Whales, Resistance Levels, and Exchange Dynamics in Play
Crypto CEO’s Ex-Roommate Testifies About $8-Billion FTX Deficit Amid Fraud Allegations
