Investment
Features
FeesSafety
Academy
More
Pluang+

X sues users for running fake bitcoin news bots to fraudulently earn creator rewards

Market News
21 Sep 2026
Coindesk
View Source
Bearish
X sues users for running fake bitcoin news bots to fraudulently earn creator rewards

X has filed a lawsuit against Vivek Kumar Sen and Zmyang Sherpa, accusing them of operating a network of nine fake bitcoin news accounts that posted coordinated, unverified headlines to fraudulently collect over £207,000 from X's creator fund. The accounts engaged in coordinated liking, replying, and reposting to fake engagement and even offered paid manipulation services. X terminated these accounts on August 18 and is seeking repayment of the fraudulently earned funds plus damages for fraud and conspiracy. This case highlights the platform's efforts to combat manipulation and protect the integrity of its creator reward system.

The story about X suing users for running a fake bitcoin news bot farm is presented here with Pluang's cryptocurrency market context. For readers following the crypto space, as of Sep 21, 2026 17:21 WIB, 45 out of 50 major cryptocurrencies on Pluang rose while 4 fell. Among notable movers, ONE (Harmony) gained 10.93% with a typical hold time of 153 days and a Pluang order activity split of 57% Sell to 43% Buy, contrasting with XLM (Stellar) which rose 10.42% but saw 81% Sell orders, and ALGO (Algorand) up 9.78% with an overwhelming 97% Sell activity and a hold time of 129 days.

More News

Public companies are using XRP as an active treasury asset for liquidity, lending, and capital growth.

Public companies are using XRP as an active treasury asset for liquidity, lending, and capital growth.

A growing number of public companies are adopting XRP not just as a long-term holding but as an active treasury asset to support lending, liquidity, and onchain financial activities. Evernorth leads this trend with plans to hold over 473 million XRP ...

Market News
Bullish
4 hours ago
SpaceX stock may dip slightly after October share unlock, with price predicted around $150.

SpaceX stock may dip slightly after October share unlock, with price predicted around $150.

SpaceX stock has risen nearly 12% in September, trading above its IPO price of $135. However, with a significant share unlock scheduled for October 9, investors are cautious about potential price movements. ChatGPT predicts the stock could trade betw...

Market News
Neutral
4 hours ago
Strategy hints at new bitcoin buy with 'a little more orange' post, holding 845,050 BTC worth $67.9B.

Strategy hints at new bitcoin buy with 'a little more orange' post, holding 845,050 BTC worth $67.9B.

Strategy Inc, led by Michael Saylor, posted a chart hinting at a possible new bitcoin purchase with the phrase "a little more orange," though no purchase is confirmed yet. The company currently holds 845,050 BTC valued at about $67.9 billion, with an...

Market News
Neutral
4 hours ago
Dogecoin rises over 3% near $0.087 as buyers eye breakout above $0.09 for further gains.

Dogecoin rises over 3% near $0.087 as buyers eye breakout above $0.09 for further gains.

Dogecoin (DOGE) has risen more than 3% in the past 24 hours, trading near $0.087 as it approaches a key resistance zone between $0.0885 and $0.09. A breakout above this level could lead to higher targets at $0.0946 and $0.10. Technical signals on the...

Technical Signals
Bullish
4 hours ago
Zcash rallies as major short position exits, but high leverage keeps volatility risks high.

Zcash rallies as major short position exits, but high leverage keeps volatility risks high.

Zcash (ZEC) is rallying after trader Garrett Jin closed his 38,000 ZEC short position at a $36 million loss, easing bearish pressure. This exit has increased buying demand, supporting the rally. However, ZEC's derivatives market shows very high lever...

Market News
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App