Elon Musk, who currently holds the positions of executive chair and chief technical officer at X (formerly known as Twitter), is under scrutiny due to the suspension of an XRP-related account.
Crypto Eri, a prominent figure in the cryptocurrency sphere, reached out directly to Elon Musk on the X platform to seek clarification regarding the suspension of the XRP-related account, questioning whether it was an error.
The account in question is Digital Asset Investor.XRP was known for its vocal support of XRP, the cryptocurrency associated with the XRP Ledger blockchain. XRP has been mired in numerous controversies and legal battles, including a lawsuit brought by the United States Securities and Exchange Commission (SEC), alleging that XRP is an unregistered security.
— 🌸Crypto Eri 🪝Carpe Diem (@sentosumosaba) October 6, 2023
Despite the challenges, there remains a dedicated group of XRP supporters who hold optimistic views about its future. Digital asset investor. XRP provided a platform for enthusiasts to share information and perspectives and engage in discussions about cryptocurrencies.
While some individuals have defended Musk, suggesting that the suspension may have been a precautionary measure to combat potential scams, the absence of any response from X officials has fueled speculation.
In response to a suggestion that the suspensions were aimed at deterring scammers, Crypto Eri maintained her belief 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.”
This dispute, which has garnered attention from prominent industry advocates like pro-XRP attorney John Deaton, now centers on whether the suspension is an isolated incident or indicates a resurgence of censorship within the X community.
Meanwhile, a recent report revealed an ongoing investigation by the SEC into Elon Musk. The investigation is focused on whether Musk violated federal securities regulations in connection with his stock acquisitions and subsequent statements and filings related to the X acquisition.