Skip to content
Back to Guavy Wire
Crypto

X Sues Bitcoin Influencers for Alleged Revenue Manipulation

Instruments
BTC
Share

X Internet Unlimited Company and X Corp have filed a lawsuit in the UK High Court against Bitcoin influencers Vivek Kumar Sen and Zamyang Sherpa, alleging that they manipulated engagement metrics to fraudulently obtain at least £207,384 from the Creator Revenue Sharing Program.

The lawsuit claims that multiple accounts were coordinated to publish identical content, artificially boosting engagement metrics and violating platform rules. This case highlights growing concerns over engagement manipulation in social media practices, particularly within the cryptocurrency space.

X suspended the influencers' accounts on August 18, prior to the legal filing. The company seeks damages, interest, and the return of funds obtained fraudulently, with estimated investigative costs exceeding £75,000.

More on Crypto

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc