The Twitter accounts of several prominent figures in the cryptocurrency community were suspended early on Wednesday.
- CoinDesk became aware, at around 4:44 UTC (11:44 p.m. ET), that accounts such as @thecryptodog, @woonomic, @KoroushAK and @100trillionusd had been suspended.
- The accounts are popular within the crypto community, garnering millions of followers for their bitcoin and other crypto-related trading ideas.
- "Twitter suspends accounts which violate the Twitter Rules," was the only reason given initially by the social media giant.
- After the publication of this report, Willy Woo (@woonomic) tweeted that his account had been reinstated after roughly six hours.
- In a message from Twitter included in the tweet, the reasons for the suspension were attributed to automated systems that had flagged his account as spam "by mistake."
- Some of the other suspended accounts were reinstated by 09:54 UTC.
- Social media platforms broadly have often suspended or banned crypto-related accounts, sometimes for seemingly no clear reason.
- Last month, CoinDesk's YouTube account was briefly suspended. While the account was restored within a day, CoinDesk still has no explanation for the suspension.
- CoinDesk attempted to contact Twitter to determine a reason for the suspensions but was not able to receive a response by press time.
UPDATE (09:43 UTC, March 10, 2021): Added new tweet from Willy Woo containing more recent details on the suspensions.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary, and an editorial committee, chaired by a former editor-in-chief of The Wall Street Journal, is being formed to support journalistic integrity.