Elon Musk, executive chairman and chief technical officer of X (formerly Twitter), has been criticized for suspending an account connected to clarify whether the account suspension was a mistake. The account in question – Digital Asset Investor.XRP – was known for its outspoken defense of XRP (XRP), the asset of the XRP Ledger blockchain.
Various controversies and legal disputes have surrounded XRP for some time, most notably a lawsuit filed by the United States Securities and Exchange Commission (SEC) alleging that XRP is an unregistered security.