A well-known member of the cryptocurrency community named Crypto Eri contacted Elon Musk on X to get more information on the account suspension.
Elon Musk, the executive chair and CTO of X (previously Twitter), has come under fire for the suspension of an account with an XRP connection. A well-known member of the cryptocurrency world named Crypto Eri contacted Elon Musk personally on X to ask whether the account ban was mistaken.
. XRP has been the subject of numerous debates and legal battles over the years, most notably a lawsuit brought by the US Securities and Exchange Commission (SEC) alleging that XRP is an unregistered security.
However, XRP has maintained a devoted following of backers who are upbeat about its prospects. Investor in digital assets.XRP provided a forum for XRP supporters to engage in discussions regarding cryptocurrencies, exchange ideas, and share viewpoints.
Although some have backed Musk and said that the suspension was a preventative move to thwart potential scammers, the silence from X officials has led to rumours.
Crypto Eri responded to a comment that claimed the suspensions were implemented as a preventive precaution against scammers by saying the following:
“I have been contributing to the truth-telling effort. Even if I am referred to as the crypto police or a part of the cancel culture. That was not enjoyable. I can understand him because he centred his entire channel on the X platform,”
The argument centres on whether the suspension represents a unique incidence or a rise in censorship within the X community, and has attracted the attention of notable industry champions like pro-XRP lawyer John Deaton.
The SEC is currently looking into Musk, according to a recent report. The focus of the investigation is whether Musk violated federal securities laws with regard to his stock purchases and subsequent filings and remarks regarding the X acquisition.