CZ Urges Elon Musk to Ban Bots on X Amid Rising Crypto Scams

• CZ urged Musk to disable API posting to curb bot activity on X.
• Bots spam the crypto space with scams, phishing links, and fake tokens.

Binance co-founder Changpeng Zhao (CZ) has urged Elon Musk to ban automated bot accounts on X. He called for disabling API posting, which allows automated accounts to post content. CZ emphasized that bots flood the platform with spam, impersonation, and scams.

In a March 9 post, CZ said users could manually copy and paste AI-generated tweets, but automatic posting should be restricted. He stated that he wanted to interact only with real people on the platform. He distinguished social media bots from AI agents, saying AI tools could be useful for tasks like booking hotels or writing code. 

Bot accounts have been a persistent problem on X, particularly in cryptocurrency. Scammers use bots to impersonate public figures, promote phishing links, and push pump-and-dump schemes. Last year, CZ warned against fake accounts impersonating him, urging users to report them.

X’s Bot Problem Persists Despite Musk’s Efforts

Musk has long battled bots on X but has made little progress. Reports indicate that automated accounts make up a significant portion of the platform’s traffic. According to Bloomberg, Musk claimed that bots accounted for 20% to 90% of Twitter’s traffic before he acquired the platform. In 2023, cybersecurity firm CHEQ found that most traffic from X was fake.

Despite Musk’s efforts, bot-making has become an industry. AI-generated spam dominates X, with scammers exploiting automation to spread fraudulent content. Some bots promote fake crypto projects, while others engage in romance scams. These scams trick users into fraudulent investments by building trust through fake relationships.

Musk previously suggested charging users a small fee per post to deter bots. However, this idea sparked backlash, making it unlikely to be implemented. X’s financial model also allows bot accounts to gain verification through paid subscriptions, worsening the issue. Some bot accounts even have blue checkmarks, making them appear legitimate.

As bot activity increases, X users in the crypto space remain vulnerable to scams. Without stricter enforcement, fake accounts, phishing attempts, and fraudulent promotions will continue to plague the platform. 

Highlighted Crypto News Today
600K Ethereum Withdrawn From Exchanges in the Last 7Days — How Will It Impact ETH?