Elon Musk suspends ‘scam crypto account’ on Twitter

While Twitter suspended the Explain This Bob account, it has not taken action against the Bob Token account.

Twitter has suspended the AI-powered Twitter account known as “Explain This Bob” after Elon Musk labeled it a “scam crypto account.” The account, which was also linked to a memecoin, was taken down shortly after Musk’s accusation.

The bot project was associated with the ERC-20 memecoin called Bob Token (BOB), which was launched in April. CoinGecko reported that the suspension caused the price of BOB to drop by over 30%.

Interestingly, this suspension represents a change in Musk’s previous sentiment towards the bot. On April 20, Musk had tweeted “I love Bob” in response to one of its tweets, a tweet that prominently appeared on the project’s website.

While Twitter suspended the Explain This Bob account, it has not taken action against the Bob Token account. The project’s team responded to the news of the suspension with a humorous meme depicting Musk monitoring a distressed “Bob” in prison.

Observers speculate that Musk believes Explain This Bob is being utilized as a marketing strategy to boost the price of BOB. In response to the suspension, the hashtag “FREEBOB” began circulating on Crypto Twitter.

Many users argue that BOB is not a scam coin and consider the suspension unwarranted, highlighting that the token’s launch was conducted fairly and emphasizing its complete decentralization with a 0% tax mechanism.

Additionally, one individual claimed that the team did not allocate any tokens or conduct airdrops prior to the Bob Token’s launch in April.

The popular Explain This Bob account had garnered more than 400,000 followers before its suspension. It was created by Prabhu Biswal from India and utilized OpenAI’s GPT-4 model to understand and provide responses to tweets from users who tagged the account.

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