Bitcoin News

Story: X Launches £207,000 High Court Case Against Nine Bitcoin Accounts for Fraudulent Engagement

By Sakamoto Nashi

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The Alleged Engagement Network. It didn't stop there. X's filing drags in three more accounts — @BTC_Vibes, @MrSuperBitcoin, and…

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X Scraps Its Old Payout Model. The timing is hard to ignore. X retired its old revenue-sharing program on September 7 and rolled…

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X, Elon Musk's social media platform, took nine Bitcoin-focused accounts to court in England, accusing them of gaming its creator payout system to pocket £207,384 — roughly…

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The lawsuit landed in the High Court of England and Wales, naming Vivek Kumar Sen and Zamyang Sherpa as defendants, along with a set of unnamed operators.

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The six accounts at the center of the fraud claim — @Vivek4real_, @Bitcoin_Teddy, @saylordocs, @TrendingBitcoin, @Kalshibacktest, and @PolyBackTest — were enrolled in X's…

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It didn't stop there. X's filing drags in three more accounts — @BTC_Vibes, @MrSuperBitcoin, and @Laserlump — described as support players.

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The revenue-sharing program the accounts allegedly exploited ran between August 2023 and February 2026, paying eligible creators a slice of X's ad revenue based on how much…

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X says it's also on the hook for at least £75,000 — around $100,000 — in investigation costs.

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Attempts to reach Sen for comment, as the filing itself mentions, went nowhere. Sherpa was equally unreachable.

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More context: BTW Soars 35.9%, Captivating Weekend Crypto Traders as Bitcoin Hits $84,717

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The timing is hard to ignore. X retired its old revenue-sharing program on September 7 and rolled out a replacement called Original Content Rewards shortly after.

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It's a pretty significant pivot. Revenue-sharing programs across social media have always been vulnerable to gaming.

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The filing itself is detailed. It doesn't just allege fraud in broad strokes. It names specific accounts, ties those accounts to specific Stripe payment profiles, names specific…

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Whether the defendants respond at all is unclear. Sen and Sherpa both failed to engage with X's pre-litigation contact attempts, per the filing.

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Related: Bitcoins 28% Surge Leaves Altcoin Holders Facing 74% Median Loss

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