When Elon Musk acquired Twitter for a whopping 44 billion dollars in 2022, he had promised to put an end to bots. Three years later, it seems that the platform is more infested than ever.

Now the bots have become even more brazen, as they are flashing their blue badge, a proof that some pay to exist.

A study by the company CHEQ revealed that back in 2024, the majority of the traffic on X was actually fake. The bots infestation has further worsened after Musk reduced the staff of Twitter by 70%.

The voice of a major stakeholder

But it seems Binance co-founder CZ have had enough, and is proposing for Musk to disable the API.

And CZ is not saying this just as the co-founder of Binance, but he is saying this as a major stakeholder of X. Back in 2022, when Musk was funding the money to buy X, CZ had injected 500 million dollars into the buyout to help Musk acquire the social media platform.

In a different tweet, CZ acknowledged that AI agents could be helpful in the real-world as it can help with things such as booking of hotels or writing code without having to socialise with them, but he also expressed that he had no intentions of socialising with them.

This was not the first time CZ has addressed X's approach to account management. Last year, CZ took to the platform to say he wished X would do a better job policing fake accounts impersonating him.

This comes after multiple accounts claiming to be the "real CZ" started popping out on the platform. In October 2024, CZ addressed this issue, writing on his X

"Beware of fake 'CZ' accounts out there. All other accounts with 'CZ' are fake, imposters, or scammers."

CZ has also not been a very big proponent of AI. Just recently, he accused AI bots of being lazy despite his eagerness to explore the idea of integrating tech in blockchain. In a X post he wrote

"The problem with AI chatbots is that, often, I don't know what I don't know. I don't know what to ask... It would be good if it could just tell me things I should know. So lazy."

Many users have agreed with his sentiment, stating that for AI to be useful, human guidance is still needed.

In November of last year, Zhao revealed his idea of integrating AI into blockchain, aiming to help accelerate the crypto payment process.

X facing a serious bot problem

Since Elon Musk acquired X (formerly Twitter) in 2022, the crypto community has repeatedly urged him to take decisive action against the platform’s bot infestation. Yet, despite promises and proposed solutions, the problem persists.

To combat automated accounts, Musk has suggested several measures, including requiring new users to register a credit card and pay a small fee—just a few cents—to deter bot farms from mass-creating fake profiles.

Crypto-related bots are particularly notorious for impersonating industry influencers and thought leaders. Their goal? To promote fraudulent tokens or lure unsuspecting users into phishing traps designed to steal funds.

But the deception doesn’t stop there. AI-powered chatbots have also supercharged romance scams—a long-game strategy where bad actors pose as romantic interests to gain a victim’s trust. Once trust is established, the scammer typically requests money, either by fabricating financial hardships or pushing fake investment opportunities.

Even more alarming, bots have been used to manipulate altcoin markets. A 2023 study by the Network Contagion Research Institute found that coordinated bot activity has been responsible for artificially pumping altcoin prices, misleading investors and distorting market trends.

With the bot epidemic showing no signs of slowing down, the question remains: Will Musk’s latest anti-bot initiatives be enough, or will X continue to serve as a battleground for crypto fraudsters?