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Social media platform X sues users for £207K fraud in creator payment scheme.

Market News
21 Sep 2026
Blockonomi
View Source
Bearish
Social media platform X sues users for £207K fraud in creator payment scheme.

Social media platform X has filed a lawsuit in UK courts against two named individuals and other unidentified account controllers for allegedly defrauding its creator payment system of at least £207,384. The accused operated a network of cryptocurrency-themed accounts that duplicated content and artificially boosted engagement to increase revenue. X suspended the accounts in August, ended its Creator Revenue Sharing program, and replaced it with a new Original Content Rewards system that penalizes fraudulent engagement. The case is ongoing with no court rulings yet.

As of Sep 21, 2026 14:01 WIB, X (X Empire) is trading on Pluang at Rp0,223 with a 1-day gain of 6.34%. The platform shows a market cap of Rp149,46 million and a 24-hour trading volume of Rp5,84 million. This price movement comes while X is involved in legal action in the UK over alleged fraud related to its creator payment system.

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