Elon Musk has received crypto scam links from verified and non-verified accounts despite his criticism of Twitter’s inaction.
Twitter was bombarded with phony cryptocurrency accounts after Elon Musk posted an update on Tesla’s FSD Beta.
While some of them are actual Twitter accounts that have been hacked, the vast majority of them are automated accounts.
Elon compared the efforts that Twitter was making to eradicate spam and bots to the subpoenas that the company had given out just five days before.
Critics have been quick to accuse Elon of trying to back out of the Twitter deal for a number of reasons that are not issues, but he has been consistent in his explanation.
They have been quick to accuse Elon of trying to back out of the contract. Twitter, in my opinion, is completely ignorant to the idea that it has a problem with bots.
@cb doge showed a snapshot of advertisers paying for bot advertisements and Twitter’s delayed response. Twitter’s CPM is $3.50 vs. Facebook’s $0.59.
According to the findings of the survey, both the cost-per-engagement and the cost-per-click on Facebook were much higher than those on Twitter.
The problem arises if Twitter click-through rates and website visits are handled by software. It wasted money.
Dan Woods, former FBI agent and current global director of intelligence at F5, believes 80% of Twitter accounts are automated. Smaller advertisers are hurt by this.