X (previously Twitter) govt chair and chief technical officer Elon Musk has confronted criticism for the suspension of an XRP-related account.
Crypto Eri, a widely known determine within the cryptocurrency neighborhood, directly reached out to Elon Musk on X, in search of clarification on whether or not the account suspension was an error.
The account in query — Digital Asset Investor.XRP — was acknowledged for its outspoken advocacy of XRP (XRP), the asset of the XRP Ledger blockchain. Various controversies and authorized disputes have lengthy surrounded XRP, notably a lawsuit by the United States Securities and Exchange Commission (SEC) claiming that XRP is an unregistered security.
Not cool. @elonmusk, I hope this was a mistake. pic.twitter.com/lcjpN5tZcE
— Crypto Eri Carpe Diem (@sentosumosaba) October 6, 2023
However, XRP has sustained a dedicated group of backers who stay optimistic about its future. Digital Asset Investor.XRP served as an area for XRP fans to trade info and views and take part in conversations about cryptocurrency.
Although some people have defended Musk, suggesting that the suspension was a precautionary measure to stop potential scammers, the absence of any response from X officers has given rise to hypothesis.
In reply to a comment proposing that the suspensions had been a measure to discourage scammers, Crypto Eri remained steadfast in her perception that the account’s suspension was unjust:
“I have been doing my part to stick to the facts. Even when I’m called the crypto police or part of the cancel culture. That’s not been fun. I have empathy because he built his whole channel around using the X platform,”
The dispute, which has garnered the eye of distinguished business advocates, similar to pro-XRP lawyer John Deaton, now revolves round whether or not the suspension is an remoted incident or alerts a resurgence of censorship throughout the X neighborhood.
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Meanwhile, a latest report has disclosed an ongoing SEC investigation into Musk. The inquiry focuses on whether or not Musk breached federal securities laws regarding his inventory acquisitions and subsequent statements and filings about the X acquisition.
Magazine: Pro-XRP lawyer John Deaton ‘10x more into BTC, 4x more into ETH’: Hall of Flame