Twitter Purge: Major Cryptocurrency Accounts Suspended

In an interesting twist of events, Twitter, the social media platform spearheaded by Jack Dorsey, one of Bitcoin’s most influential proponents, has now suspended some major cryptocurrency-related accounts.

• Twitter has suspended numerous accounts that are related to cryptocurrencies.
• Some of the most popular ones include those of PlanB, the creator of the Bitcoin Stock-to-Flow Model, Willy Woo, one of the most influential Bitcoin and crypto analysts, as well as Carl ‘The Moon’ Runefelt – an influential trader and crypto proponent.

Just got a text from @woonomic, looks like his account got suspended along with @100trillionUSD … WTF @Twitter this is unacceptable, these guys are some of the BEST Financial Analysts in the World @TwitterSupport need to look into this ASAP!

— Tone Vays (#EndLockdowns) (@ToneVays) March 10, 2021

• Others include the account of the self-proclaimed WSB Chairman, as well as that of well-known influencer Koroush AK.
• At the time of this writing, there’s no information as to why those accounts are being suspended.
• As a precaution against this, other influencers are now beginning to turn their account settings to private.
• Speaking on the matter was Loma, a cryptocurrency trader with over 100,000 followers, who said that his account is now private “cause Twitter bots and mass reporters (?)”
• This isn’t the first time a centralized content-sharing platform has censored crypto-related accounts for no apparent reason.
• Last year, YouTube was doing the same thing, suspending accounts and shadow-banning Bitcoin-related videos.
• This comes as somewhat of a surprise, though, because Jack Dorsey, the CEO of Twitter, is well-known for being one of Bitcoin’s most influential proponents.