X sues operators of Bitcoin-focused accounts over alleged creator payout fraud

X sues operators of Bitcoin-focused accounts over alleged creator payout fraud

N
News Editor
2026-09-21 09:35:25
X has filed a lawsuit in the High Court of England and Wales against Vivek Kumar Sen, Zamyang Sherpa and unidentified account operators, accusing them of using a network of Bitcoin-focused profiles to manipulate engagement and collect creator payouts. The platform says the defendants fraudulently obtained at least 207,384 British pounds, or about $278,000, through X’s former creator revenue-sharing program. According to the filing, the alleged scheme relied on coordinated reposts, likes, replies and near-identical posts across multiple accounts to create what X described as a false impression of genuine human interaction. The company said it suspended the accounts on Aug. 18 for creator revenue-sharing fraud and platform manipulation. The lawsuit names six accounts enrolled in the program and links their associated Stripe accounts to Sen and Sherpa. X also identified three additional accounts that allegedly helped amplify the network’s posts. Beyond the disputed payouts, X said it expects at least 75,000 British pounds in investigation and remediation costs, bringing claimed and projected losses to at least 282,384 pounds before interest and legal fees.

X has sued the alleged operators of a Bitcoin-focused account network, seeking to recover at least 207,384 British pounds ($278,000) in creator payouts that it says were obtained by manipulating engagement on the platform.

The Elon Musk-owned social media company filed the claim in the High Court of England and Wales against Vivek Kumar Sen, Zamyang Sherpa and unidentified account operators. X says its claimed and projected losses reach at least 282,384 pounds, or about $378,000, including at least 75,000 pounds ($100,000) in investigation and remediation costs, before interest and legal expenses.

X files claim in England and Wales

According to the court filing submitted on Thursday, X alleges that the defendants fraudulently obtained at least 207,384 pounds through its creator revenue-sharing program. The filing is available through X’s Transparency Center.

The company says the defendants coordinated multiple accounts by reposting and liking one another’s content and by publishing identical or substantially similar posts. In the filing, X says that activity created a “false appearance of genuine, human communication and interaction.”

X said it suspended the accounts on Aug. 18 over what it described as creator revenue-sharing fraud and platform manipulation.

Six enrolled accounts named in the lawsuit

The lawsuit identifies six accounts that were enrolled in X’s revenue-sharing program: @Vivek4real_, @Bitcoin_Teddy, @saylordocs, @TrendingBitcoin, @Kalshibacktest and @PolyBackTest.

The filing links Stripe accounts associated with the first three profiles to Sen and those associated with the other three to Sherpa. Those accounts joined the program between August 2023 and February 2026.

X says the network extended beyond those six profiles. The company also named @BTC_Vibes, @MrSuperBitcoin and @Laserlump, alleging that they repeatedly liked, replied to and reposted content from the defendants’ accounts to manufacture engagement.

How X says the scheme worked

Under X’s former creator revenue-sharing program, eligible creators received a share of platform revenue based on the engagement their posts generated from other users.

The filing cites one example from Aug. 5, alleging that @Vivek4real_ and @TrendingBitcoin published substantially similar posts within 11 seconds of each other.

X retired the revenue-sharing program on Sept. 7 and began rolling out its replacement, Original Content Rewards, the following day.

Claimed losses and response efforts

In addition to the allegedly fraudulent payouts, X says it expects at least 75,000 pounds ($100,000) in investigation and remediation costs. That brings the company’s claimed and projected losses to at least 282,384 pounds before interest and legal costs.

Cointelegraph said it sought comment through an email address linked to Sen in the filing but had not received a response by the time of publication. Sherpa could not be reached for comment.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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