Twitter doesn’t seem to be giving up on its strict measures for now. Stani Kulechov, the founder of popular altcoin Aave (AAVE) and ETHLend, made a joke about being the interim CEO of social media company Twitter, and his account was suspended. Here are the details…
Altcoin founder’s joke caused his account to be suspended
As we have previously reported as Kriptokoin.com, the founder of Aave (AAVE) yesterday on his Twitter account, “Last minute: to Twitter. As interim CEO, I agree.” However, it didn’t take long for his account to be suspended for this post. While the comment might be considered misleading to people in general, many believed this action against the Aave founder was too harsh because it was clear that the post was just a joke.
Twitter technical team action further supports Tesla CEO Elon Musk, who is preparing to buy 100 percent of Twitter’s shares. The Tesla executive made it clear that the current rules of the platform do not support freedom of expression. “Freedom of speech is the cornerstone of a functioning democracy, and Twitter is a digital space to discuss issues vital to the future of humanity,” Musk said on Monday.
Elon Musk buys Twitter
The highlight of this week was arguably, Elon Musk’s acquisition of Twitter. Twitter’s board negotiated with Musk early Monday to buy the company, after it began funding $46.5 billion for the proposal last week. Musk, who has more than 83 million followers on Twitter and started collecting shares in the company earlier this year, announced his intention to buy the company and take it private on April 14.
, however, his offer was quickly rejected by Wall Street because it was unclear whether he would find the money to make the deal. Twitter has also adopted the “poison pill”, a defensive maneuver that would prevent Musk from hoarding more of the company’s stock. However, as mentioned, it was revealed on Monday that the sales agreement between Musk and the management behind the company has been concluded. The deal is expected to expire soon.