Among the most tweeted about topics by Elon Musk is cryptocurrency. Could the recent announcement that the world’s richest person took a stake in Twitter Inc lead to a crack down on cryptocurrency giveaway scams? What Happened: The Tesla Inc CEO is now the owner of 9.2 percent of Twitter Inc thanks to a stake revealed on Monday. Many are already sharing their wishes and demands for Musk, which include adding Dogecoin tip jars and reinstating banned accounts like former President Donald Trump. One item also getting attention is something that could be near and dear to Musk—protecting his massive following on Twitter from scams promoting Bitcoin and Dogecoin. Earlier this year, Musk agreed with Dogecoin co-creator Billy Markus that cryptocurrency scam activity needed to be fixed on Twitter: “This has been broken for a long time,” Musk tweeted at the time. When Twitter rolled out verified non-fungible token profile pictures, Musk …
Does Elon Musk’s Twitter Stake Spell Hope for an End to Bitcoin and Dogecoin Giveaway Scams?
April 7, 2022
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