X, the social media platform owned by Elon Musk, has intensified its moderation of crypto-related content by banning several so-called “InfoFi” projects accused of flooding the platform with low-quality, automated posts and reply spam. The action reflects growing concern over the misuse of artificial intelligence to manipulate engagement and promote speculative tokens under the guise… Continue reading X Tightens Crypto Rules as Musk-Led Platform Moves Against ‘InfoFi’ Spam
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X Hit with €5 Million Penalty in Spain Over Misleading Crypto Advertisements
X, the social media platform formerly known as Twitter, has been fined €5 million by Spanish regulators for running unapproved and potentially misleading cryptocurrency advertisements. The sanction comes amid mounting scrutiny over how social networks promote high-risk digital assets to consumers. Authorities argued that the ads lacked clear risk disclosures and were broadcast without prior… Continue reading X Hit with €5 Million Penalty in Spain Over Misleading Crypto Advertisements