The Twitter team has suspended the account of the popular AI bot Explain This Bob, associated with meme-cryptocurrency, following Elon Musk's fraud claims.
On June 18, the billionaire wrote that Bob was likely a “crypto scam account.” After some time, the social network account was blocked.
The bot's profile had more than 400,000 subscribers. The project was created by Indian programmer Prabhu Biswal and used the OpenAI GPT-4 model to respond to tweets.
The bot has its own ERC-20 token - Bob Token (BOB). According to CoinGecko, after the account was suspended, the price of the coin fell by more than 30%.
In April, Musk expressed the opposite opinion about the bot, declaring his love for it. The project team used this post in promotional materials on their website.
Representatives of the bot treated the problem with humor. They posted a picture of the billionaire following the token mascot in prison.
The hashtag#FREEBOB(“free Bob”) was also circulated on social networks. Many users believe that the coin is not fraudulent, and the account suspension is not supported by evidence. One of the enthusiasts pointed out the complete decentralization of the project and zero commissions for token exchange.
“Does Elon Musk plan to provide any evidence that BOB is a scam, or should we just take his word for it? Can you explain the difference between BOB and DOGE? And why is one coin fraudulent and the other not?” he wrote.
Recall that in May, the head of Tesla and SpaceX advised investors “not to bet too big” on Dogecoin and not to invest all their money in the asset. However, he noted that DOGE is still his favorite cryptocurrency.
That same month, Binance CEO Changpeng Zhao said Musk had “extended the life” of Dogecoin, which could have “disappeared a long time ago.”