Cryptocurrency trading bot Bankr resumes operation on X platform after being banned, remains suspended on Telegram

Techub News: According to The Block, the AI-powered cryptocurrency trading bot Bankr, which was banned on the X and Telegram platforms on Thursday, has now resumed operations on the X platform, but its Telegram bot remains disabled.

When Bankr was initially banned by Telegram, its founder @0xDeployer suggested it was related to violations of the Terms of Service. However, the founder stated that the Bankr team had "thoroughly" reviewed the Terms of Service before launch to ensure there were no violations. In an announcement on the X platform, @0xDeployer directed users to access the trading bot through its private terminal and decentralized channels such as Base App, Farcaster, and XMTP. Following the service suspension, users on the X platform and members of the crypto community initiated the #FreeBankr campaign in solidarity, with users tagging X platform executives to expedite Bankr's return. X has not provided an official reason for Bankr's brief service suspension.