Twitter abruptly suspends several crypto influencers’ accounts.

Bitcoin recovers over $50,000 following Square's $170 million purchase.

Twitter, a popular platform among crypto influencers and analysts, has suspended at least seven accounts related to cryptocurrencies with hundreds of thousands of followers each. The social media platform has suspended top accounts, including @woonomic, @100trillionUSD, @mmcrypto, @wsbchairman, @themooncarl, @TheCryptoDog, and @KoroushAK. The real number of accounts suspended is unknown. “Account suspended” is flashing on these suspended accounts. “Twitter suspends accounts which violate the Twitter Rules.” The reason behind sudden censorship is unknown. 


Is Twitter censoring crypto-related accounts?

At the time of writing, the Twitter account of Willy Woo, a Bitcoin on-chain analyst with over 325.5K followers, and PlanB’s handle @100trillionUSD, which posts a BTC stock-to-flow model, were restored, but the rest remained suspended. According to Woo, his Twitter account was suspended for around 6 hours before it was restored after raising a request. The social media giant noted in a statement shared with Woo: “We have systems that find and remove multiple automated spam accounts in bulk, and yours was flagged as spam by mistake. Please note that it may take an hour or so for your follower and following numbers to return to normal.”


Jack Dorsey continues to advocate for bitcoin. 

The sudden censorship of crypto influencers on Twitter is odd given the fact that Jack Dorsey himself is a bitcoin advocate and has been publicly vocal about the benefits of bitcoin. Several on the platform pointed out that the reason behind these Twitter accounts’ sudden suspension was the social media platform’s inability to take action against the fake influencer accounts that often try to siphon cryptocurrencies from desperate victims. This is not the first time a social media platform has tried to censor crypto-related content creators; earlier, video-sharing giant YouTube had suspended several famous crypto youtubers’ accounts. 

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