{"id":409386,"date":"2023-06-19T13:30:35","date_gmt":"2023-06-19T13:30:35","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=409386"},"modified":"2023-06-19T14:00:59","modified_gmt":"2023-06-19T14:00:59","slug":"elon-musks-scam-crypto-claim-results-in-suspension-of-meme-coin-linked-ai-bot-on-twitter-2","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/elon-musks-scam-crypto-claim-results-in-suspension-of-meme-coin-linked-ai-bot-on-twitter-2","title":{"rendered":"Elon Musk\u2019s Scam Crypto Claim Results In Suspension Of Meme Coin-Linked AI Bot On Twitter"},"content":{"rendered":"

Crypto scams are recently taking different dimensions in the crypto space, as most of the scams now come through social media platforms.\u00a0<\/span><\/p>\n

Scammers currently try to create fake accounts to trick the public. In a recent incident, Twitter suspended a popular AI bot, ‘Explain This Bot,’ an account linked to a meme coin.<\/span>\u00a0The suspension is based on Elon Musk’s recent claim that the account is a crypto scam<\/a>.<\/span><\/p>\n

Twitter Suspends Explain This Bob Account<\/h2>\n

On June 18, the former CEO of Twitter, Elon Musk, <\/span>disclosed<\/span><\/a> that the artificial intelligence-powered bot was a scam in a response tweet to the account.\u00a0<\/span>He noted that the account will be closed if discovered to be so. Following Musk\u2019s post, the bot account was suspended.<\/span><\/p>\n

Before its suspension, the AI-powered bot account has gathered more than 400,000 followers. A computer science engineer from India, Prabhu Biswal, created the bot account using OpenAI\u2019s GPT-4 model.\u00a0<\/span><\/p>\n

This design allows the bot to understand and respond to several tweets from people tagging the account. <\/span>The AI-powered bot is linked to the ERC-20 meme coin, Bob Token, launched in April 2023.<\/span><\/p>\n

Notably, \u201cExplain This Bot\u201d went viral in April for its clever summaries and comedic responses to tweets. <\/span>Also, Musk was among those that used the bot as the billionaire once <\/span>commented<\/span><\/a> ‘I love Bob’ in April 2023.<\/span><\/p>\n

Notably, Musk\u2019s engagement with the Bob bot attracted more followers to the account. The project\u2019s website also captured Musk\u2019s tweet as part of its promotional measures.<\/span><\/p>\n

The former Twitter CEO also used the bot recently this month. While reacting to Bob\u2019s response to a political discussion, Musk <\/span>stated<\/span><\/a>: “Once again, Bob nails it.\u201d<\/span><\/p>\n

But the bot account’s recent suspension negatively affected the meme coin Bob Token (BOB) price. <\/span>According to data from <\/span>CoinGecko<\/span><\/a>, BOB plummeted by over 30% from its opening price of $0.00002902 as of June 18. At the time of writing, the meme coin is trading at $0.00001902.<\/span><\/p>\n

Crypto Twitter Demands The Freedom Of BOB<\/h2>\n

Currently, crypto Twitter is filled with mixed reactions from observers following the suspension of Explain This Bob.<\/span><\/p>\n

Some people think that Musk is convinced of foul play by the team behind Bob. A Twitter user, <\/span>CJR Alpha<\/span><\/a> pointed out that the team could be using the bot as an influencing measure to spike the price of BOB.<\/span><\/p>\n

According to CJR alpha, Musk’s crackdown on the meme coin Twitter account revealed the intent to manipulate the market prices of the token.<\/span><\/p>\n

However, the Bob Token account <\/span>reacted<\/span><\/a> to the suspension with a meme of Musk monitoring a prisoned Bob. It requested the freedom of Bob, with the hashtag sign ‘#FREEBOB.’<\/span><\/p>\n

Crypto<\/a> Twitter has been flooded with the hashtag ‘FREEBOB.’ Many people believed that suspending the bot account wasn’t justified since there was no proof that Bob Token was a scam.\u00a0<\/span><\/p>\n

One of the enthusiasts <\/span>argued<\/span><\/a> that the meme coin is a fully decentralized crypto project, has a zero percent tax process, and underwent a fair launch.<\/span><\/p>\n

\n <\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Crypto scams are recently taking different dimensions in the crypto space, as most of the scams now come through social media platforms.\u00a0 Scammers currently try […]<\/a><\/div>","protected":false},"author":1826,"featured_media":409388,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[8504,1457],"class_list":["post-409386","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news","tag-crypto-scams","tag-elon-musk"],"acf":[],"yoast_head":"\nElon Musk\u2019s Scam Crypto Claim Results In Suspension Of Meme Coin-Linked AI Bot On Twitter - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"Crypto scams are recently taking different dimensions in the crypto space, as most of the scams now come through social media platforms.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/409386\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Elon Musk\u2019s Scam Crypto Claim Results In Suspension Of Meme Coin-Linked AI Bot On Twitter\" \/>\n<meta property=\"og:description\" content=\"Crypto scams are recently taking different dimensions in the crypto space, as most of the scams now come through social media platforms.\u00a0\" \/>\n<meta property=\"og:site_name\" content=\"InsideBitcoins.com\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-19T13:30:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-06-19T14:00:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/06\/107258446-1686936355011-gettyimages-1499013308-_r7a3697_iclxcswz-1-scaled.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1552\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mikey Dalton\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mikey Dalton\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/409386#article\",\"isPartOf\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/409386\"},\"author\":{\"name\":\"Mikey Dalton\",\"@id\":\"https:\/\/insidebitcoins.com\/#\/schema\/person\/033f7d3aba47349307ecdc51e29652ce\"},\"headline\":\"Elon Musk\u2019s Scam Crypto Claim Results In Suspension Of Meme Coin-Linked AI Bot On Twitter\",\"datePublished\":\"2023-06-19T13:30:35+00:00\",\"dateModified\":\"2023-06-19T14:00:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/409386\"},\"wordCount\":514,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/409386#primaryimage\"},\"thumbnailUrl\":\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/06\/107258446-1686936355011-gettyimages-1499013308-_r7a3697_iclxcswz-1-scaled.jpeg\",\"keywords\":[\"Crypto scams\",\"Elon Musk\"],\"articleSection\":[\"More Crypto News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/409386#respond\"]}],\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/insidebitcoins.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/409386\",\"url\":\"https:\/\/insidebitcoins.com\/wp-json\/wp\/v2\/posts\/409386\",\"name\":\"Elon Musk\u2019s Scam Crypto Claim Results In Suspension Of Meme Coin-Linked AI Bot On Twitter - 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