🚨 BREAKING: X SUES ALLEGED FAKE BITCOIN NEWS BOT FARM
X has taken legal action against Vivek Kumar Sen and Zmyang Sherpa in London, alleging that they operated a network of fake Bitcoin news accounts designed to manipulate engagement and fraudulently collect creator-reward payouts.
According to X’s lawsuit, the network involved nine accounts, including:
@Vivek4real_
@Bitcoin_Teddy
@saylordocs
@TrendingBitcoin
@Kalshibacktest
@PolyBackTest
@BTC_Vibes
@MrSuperBitcoin
@Laserlump
The platform alleges these accounts repeatedly published unverified “breaking” Bitcoin and financial headlines, sometimes using identical wording only seconds apart.
Some posts allegedly made major claims involving financial institutions, including claims about Goldman Sachs and Citibank, without sufficient verification.
X further alleges that accounts within the network liked, replied to and reposted each other’s content to create artificial engagement and increase creator payouts.
The lawsuit claims the network generated at least £207,000 ($277,000) in disputed creator-fund payments.
X also alleges the operation used shared devices, login identifiers and payment information, including Stripe accounts registered under different names.
The company says all accounts connected to the alleged network were terminated on August 18 for “coordinated revenue sharing fraud and platform manipulation.”
X is seeking the return of the alleged creator payouts, along with damages related to fraud, conspiracy, investigation and remediation costs.
⚠️ Important: These are allegations contained in X’s lawsuit. The defendants’ claims and the court’s final findings have not been established.
The case highlights a growing problem in crypto media: fake headlines can go viral before anyone checks the facts.
#Bitcoin #BTC #Crypto #CryptoNews #X #Twitter #BreakingNews
Source : coindesk
X has taken legal action against Vivek Kumar Sen and Zmyang Sherpa in London, alleging that they operated a network of fake Bitcoin news accounts designed to manipulate engagement and fraudulently collect creator-reward payouts.
According to X’s lawsuit, the network involved nine accounts, including:
@Vivek4real_
@Bitcoin_Teddy
@saylordocs
@TrendingBitcoin
@Kalshibacktest
@PolyBackTest
@BTC_Vibes
@MrSuperBitcoin
@Laserlump
The platform alleges these accounts repeatedly published unverified “breaking” Bitcoin and financial headlines, sometimes using identical wording only seconds apart.
Some posts allegedly made major claims involving financial institutions, including claims about Goldman Sachs and Citibank, without sufficient verification.
X further alleges that accounts within the network liked, replied to and reposted each other’s content to create artificial engagement and increase creator payouts.
The lawsuit claims the network generated at least £207,000 ($277,000) in disputed creator-fund payments.
X also alleges the operation used shared devices, login identifiers and payment information, including Stripe accounts registered under different names.
The company says all accounts connected to the alleged network were terminated on August 18 for “coordinated revenue sharing fraud and platform manipulation.”
X is seeking the return of the alleged creator payouts, along with damages related to fraud, conspiracy, investigation and remediation costs.
⚠️ Important: These are allegations contained in X’s lawsuit. The defendants’ claims and the court’s final findings have not been established.
The case highlights a growing problem in crypto media: fake headlines can go viral before anyone checks the facts.
#Bitcoin #BTC #Crypto #CryptoNews #X #Twitter #BreakingNews
Source : coindesk