- Ilon Musk explained the ban by saying the account was allegedly linked to a cryptocurrency scam project
- He did not provide any proof
- Bob Token holders spoke out against
Yesterday, June 18, the “Explain This Bob” Twitter page of the AI bot was blocked. Elon Musk said it was a scam because the account was used to promote Bob Token (BOB). Against this backdrop, the value of the asset fell by more than 30%.
It should be noted that the developer of the bot is Prabhu Biswal.. Before the blocking, the “Explain This Bob” page had over 400,000 subscribers.
Factually, “Bob” is a shell for GPT-4, built into Twitter. It was enough to “tag” the app under any question for the bot to answer.
In April of this year, shortly after the Explain This Bob page was registered, the BOB token appeared.. The project is fully decentralized and available with zero fees. Moreover, there was no public or private distribution of tokens.</nbsp;
In late March, Elon Musk even wrote “I love Bob.”. However, two months later, on June 18, the billionaire noted that the “Explain This Bob” page was linked to a scam token.
Soon after, the account went to the ban. In response, the cryptocurrency community Twitter raised a wave of outrage. This is how, for example, user with the nickname “Crypto Boss” commented the news:
“So, will Elon Musk give us some proof that BOB is a scam? Or are we supposed to take his word for it? Do you want to know what he thinks a “scam” is? Well, here it is – no contract, zero commission, no pre-drop, and complete decentralization.”
It’s interesting that the Bob Token team page is still active. There commented on the situation with a meme in which “Bob” is behind bars under Musk’s watch.
On the evening of June 18, the BOB rate fell by more than 30%. As of this writing, it is trading at $0.00001945. The “drawdown” is clearly visible on the chart: