X has sued two of its own users in London, claiming they ran a cluster of Bitcoin accounts as one operation in order to manufacture engagement and collect payouts from the platform’s now-defunct Creator Revenue Sharing program.
Elon Musk's X Sues Bitcoin Account Network It Says Farmed £207,000 Via Fake Engagement
X has sued a network of Bitcoin-related accounts, alleging they generated fake engagement on the platform. The company claims the operation earned about £207,000 through the alleged activity.
gizmodo.com
Publisher
Sep 21, 2026 at 11:05 PM UTC · Updated 12분 전 · 4 분 소요

Key Signal
£207,384 Alleged program payouts
Entities
bitcoin
Market Impact
BTC+5.91%$86,425
Last Updated
12분 전
핵심 요약
- X alleges a network of Bitcoin accounts used fake engagement tactics.
- The lawsuit centers on claims that the network generated roughly £207,000.
- The excerpt does not specify the defendants, the alleged methods, or the case outcome.
The particulars of claim, filed September 17 in the High Court of Justice, name Vivek Kumar Sen and Zamyang Sherpa as defendants, along with “persons unknown” alleged to have controlled additional handles. X said the scheme produced “not less than £207,384” (about $278,000) in program payments and that it spent, or expects to spend, at least £75,000 investigating and shutting it down.
X and xAI General Counsel James Burnham put the company’s position in public on Sunday.
“Last week, @X sued several people who abused Creator Revenue Sharing by operating a coordinated network of accounts, posting inauthentic content to manipulate engagement, and using multiple bank accounts to hide their scheme,” Burnham wrote. “We do not tolerate fraudulent behavior on X — and will act forcefully to protect our platform and the earnings of genuine creators.”
The allegations have not been tested in court, and neither Sen nor Sherpa has filed a public defense as of Monday.
How the Fake Engagement Scheme Allegedly Worked
Market Context
Bitcoin
BTC
$86,408
+5.88% (24H)
Market Cap
$1.74T
Circulating Supply
20.1M BTC
24H Volume
$61.2B
24H High
$87,447
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