X files lawsuit against crypto influencers over $277,000 in ad revenue payouts

The company behind X has filed a lawsuit against two UK-based users and their associates, alleging they operated a network of crypto-focused accounts to artificially inflate engagement and exploit the platform's monetization program. X is seeking the return of £207,384 ($277,000) in payouts along with at least £75,000 in investigation costs. The court has not yet reviewed the allegations.