Binance co-founder Changpeng Zhao (CZ) Elon Musk urged to ban bots-automatic accounts that spam on social media site and are used to strengthen content or for coordinated attacks from the X platform.
“If someone uses GROK, ChatGPT, or DeepSeek to come up with a tweet and copy and paste it here, fine, but API posting should be disabled,” CZ wrote on a March 9 x x x Post.
To a separate one Comment.
Automatic bots are a well-documented X problem that spams on the site and is particularly active in the crypto sphere of influence-users with scam messages advertising fake tokens, phishing links to malicious sites, and pump-and-dump schemes.
Source: Cz
Related: Pigcering scams steal $ 5.5B from crypto investors in 2024 – Cyvers
X has a huge bot problem that doesn’t just disappear
The crypto community has been Asks Musk to deal with the bot problem Because he bought the platform in 2022. However, little has been done to prevent the issue.
Musk has suggested some solutions to automatic bots, including asking users to register a credit card that will have a small fee of a few cents to impose a new account creation cost, preventing bot farms from mobilizing the army of fake accounts.
Usually, these bots indicate crypto influences and industry leaders to walk fake tokens oi -redires users to malicious sites by the phishing links Designed to steal funds.
AI-Powered Chatbots also have Supercharged romance scam. These scams feature a long time -reaching period where a threat actor pretends to have a romantic interest in their target to develop the victim’s trust over time.
When the trust is sufficiently established, the malicious actor usually demands funds from the target either by feigning financial problems or posting a fake investment scheme.
A 2023 Study From the Network Contagion Research Institute also found that the bots were responsible Manipulation of altcoin prices By using coordinated posts from many bots to artificial pump prices.
Magazine: How crypto bots break into crypto – including auto memecoin rug pulls
