“While this new program is well-intentioned, it may be more effective to enhance reporting measures to resolve existing issues,” explained Veronica Wong, CEO of crypto wallet SafePal. “Despite having dedicated team members reporting bot and scam accounts to safeguard our users, it is a never-ending battle as the process takes time and new X accounts are always popping up.”
Elon Musk Plans To Stop Crypto Bots on X by Charging New Users $1, but It May Not Work
