The Twitter account of the well-known AI-powered bot called “Explain This Bob,” which is associated with a memecoin, has been suspended following Elon Musk’s accusation that it was a fraudulent cryptocurrency account. Musk made this claim in a tweet on June 18 while responding to the bot, and shortly thereafter, the account appeared to have been suspended.
This sure looks like a scam crypto account. If so, it will be suspended.
After accumulating more than 400,000 followers, the Explain This Bob account has reportedly been suspended. Prabhu Biswal, the creator of the bot from India, utilized OpenAI’s GPT-4 model to understand and provide responses to tweets from users who tagged the account.
This particular project was associated with the ERC-20 memecoin called Bob Token (BOB), which was introduced in April. Following the suspension, the price of BOB experienced a decline of over 30%, as reported by CoinGecko.
Interestingly, Musk’s initial impression of the bot was quite positive, as he tweeted “I love Bob” in response to one of its tweets on April 20. This tweet is prominently displayed on the project’s website. Therefore, the suspension marks a significant change in Musk’s opinion regarding the bot.
Twitter has not taken action against the account for Bob Token, however. The project’s team humorously responded to the news of the suspension, sharing a meme of Musk monitoring a distraught “Bob” in a prison.