- Elon Musk explained the ban by the fact that the account is allegedly associated with a cryptocurrency scam project
- However, he did not provide any evidence.
- Bob Token holders opposed
Yesterday, June 18, the AI bot’s “Explain This Bob” Twitter page was blocked. Elon Musk claimed it was a scam because the account was used to promote the Bob Token (BOB). Against this background, the asset price fell by more than 30%.
Note that the developer of the bot is Prabhu Biswal. Prior to the blocking, the Explain This Bob page had over 400,000 followers.
In fact, “Bob” is a wrapper for GPT-4 built into Twitter. It was enough to “tag” the application under any question for the bot to answer.
In April of this year, shortly after the registration of the “Explain This Bob” page, the BOB token appeared. The project is completely decentralized and available with zero commission. Moreover, there was no public or private distribution of tokens.
At the end of March, Elon Musk even wrote “I love Bob.” However, two months later, on June 18, the billionaire notedthat the “Explain This Bob” page is associated with the scam token.
Shortly after that, the account got banned. In response to this, a wave of indignation arose in the Twitter cryptocurrency community. So, for example, the news commented user with the nickname “Crypto Boss”:
“So, Elon Musk will give us some evidence that BOB is a scam? Or should we take him at his word? Do you want to know what a “scam” is in his mind? Well, here it is – contract waiver, zero commission, no pre-drop and full decentralization.”
Interestingly, the Bob Token team page is still active. Here commented the situation with a meme in which “Bob” is behind bars under the supervision of the Mask.
On the evening of June 18, the BOB fell by more than 30%. At the time of writing, it is trading at $0.00001945. The drawdown is clearly visible on the chart:
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