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Markets
Bitcoin Surges to $85,000, Triggering a $648 Million Short Squeeze
Bitcoin’s price broke through the $85,000 barrier on Tuesday, sparking a dramatic short‑squeeze that wiped out roughly $648 million in bearish positions. The rally was not an isolated spike; it came amid a broader shift in market dynamics that saw open interest climb by 7.59% to an all‑time high of $156 billion. While many traders were forced to liquidate their short bets, a growing number of par…
Sept. 21, 2026, 10:30 a.m.
Markets
X Takes Legal Action Against Its Users for Operating a Counterfeit Bitcoin News Bot Network
In a surprising turn of events, the social media giant X has moved beyond merely suspending accounts and has instead filed a civil lawsuit against two of its own users, Vivek Kumar Sen and Zmyang Sherpa. The lawsuit alleges that the pair created and operated a network of counterfeit accounts that posted fabricated Bitcoin‑related headlines. By doing so, they were able to exploit X’s creator‑rewar…
Sept. 21, 2026, 10:15 a.m.
Markets
X Takes Legal Action Against Its Users for Operating a Fraudulent Bitcoin News Bot Network
In a striking development that underscores the growing pains of social media platforms grappling with misinformation and financial scams, X—formerly known as Twitter—has initiated a lawsuit against two individuals, Vivek Kumar Sen and Zmyang Sherpa. The legal complaint alleges that the defendants orchestrated a sophisticated operation designed to generate and disseminate fabricated Bitcoin‑relate…
Sept. 21, 2026, 10:15 a.m.
Markets
X Files Lawsuit Against Its Own Users for Operating a Counterfeit Bitcoin News Bot Network
In a striking development that underscores the growing pains of social media monetization, X—formerly known as Twitter—has filed a civil lawsuit against two of its own users, Vivek Kumar Sen and Zmyang Sherpa. The complaint alleges that the duo orchestrated a sophisticated operation designed to manufacture false Bitcoin-related news headlines, thereby exploiting X’s creator reward program for per…
Sept. 21, 2026, 10:15 a.m.
Markets
X Takes Legal Action Against Users Operating a Fraudulent Bitcoin News Bot Network
In a striking development that underscores the growing challenges social media platforms face in policing deceptive practices, X—formerly known as Twitter—has initiated legal proceedings against two individuals, Vivek Kumar Sen and Zmyang Sherpa. The lawsuit alleges that the pair orchestrated a sophisticated operation involving a network of counterfeit accounts that masqueraded as legitimate sour…
Sept. 21, 2026, 10:15 a.m.
Markets
X Takes Legal Action Against Its Users Over Fake Bitcoin News Bot Operation
In a surprising turn of events that underscores the growing pains of social media platforms grappling with the complexities of content monetization, X, the rebranded successor to the well‑known micro‑blogging service formerly known as Twitter, has initiated a lawsuit against two of its own users, Vivek Kumar Sen and Zmyang Sherpa. The legal complaint alleges that the duo created and managed a net…
Sept. 21, 2026, 10:15 a.m.
Markets
X Takes Legal Action Against Its Users for Operating a Bogus Bitcoin News Bot Network
In a striking development that underscores the growing tension between social media platforms and the individuals who attempt to exploit them, X—formerly known as Twitter—has initiated legal proceedings against two individuals, Vivek Kumar Sen and Zmyang Sherpa. The lawsuit alleges that the pair orchestrated a sophisticated operation designed to generate and disseminate counterfeit Bitcoin-relate…
Sept. 21, 2026, 10:15 a.m.
Markets
X Takes Legal Action Against Its Users Over a Bogus Bitcoin News Bot Operation
In a striking development that underscores the growing tension between social media platforms and the individuals who attempt to exploit them, X—formerly known as Twitter—has initiated a lawsuit against two individuals, Vivek Kumar Sen and Zmyang Sherpa. The legal complaint alleges that the pair orchestrated a sophisticated scheme involving the creation and management of fraudulent accounts that …
Sept. 21, 2026, 10:15 a.m.
Markets
X Takes Legal Action Against Its Users for Operating a Counterfeit Bitcoin News Bot Network
In a striking development that underscores the growing tension between social media platforms and the individuals who exploit them for financial gain, X—formerly known as Twitter—has initiated legal proceedings against two individuals, Vivek Kumar Sen and Zmyang Sherpa. The lawsuit alleges that the pair orchestrated a sophisticated operation that involved creating and managing a series of counter…
Sept. 21, 2026, 10:15 a.m.
Markets
X Takes Legal Action Against Its Users for Operating a Counterfeit Bitcoin News Bot Network
In a striking development that underscores the growing pains of social media platforms grappling with misinformation and financial fraud, X—formerly known as Twitter—has initiated legal proceedings against two individuals, Vivek Kumar Sen and Zmyang Sherpa. The lawsuit alleges that the defendants orchestrated a sophisticated operation that involved the creation and management of a network of coun…
Sept. 21, 2026, 10:15 a.m.