Efforts to unban people like Trump might be easier said than done, with some major companies threatening to pull their advertising if Musk enacts this policy.
Listen to the CoinMarketRecap podcast on Apple Podcasts, Spotify and Google Podcasts
Donald Trump could be set to make a return to Twitter after Elon Musk's acquisition — with spam bots also high on the billionaire's list of priorities.
The former U.S. president was permanently suspended back in January 2021 because of "the risk of further incitement of violence."
Musk is said to take a different view and disagrees with lifetime bans — however, the world's richest man has said that Twitter "cannot become a free-for-all hellscape."
Efforts to unban people like Trump might be easier said than done, with some major companies threatening to pull their advertising if Musk enacts this policy.
It also seems like the new "Chief Twit" is paying close attention to those who claim they are being censored on the social network.
One account, called Catturd, claims they are "shadowbanned, ghostbanned and searchbanned" — other Twitter users from being able to see their posts.
Musk replied by vowing he will dig into this issue today.
Fighting the Spam Bots
Spam bots are set to be another top priority for Elon Musk — with some Twitter accounts, especially those in crypto circles, bombarded by hundreds of automated posts.
A big bone of contention during the negotiation proceedings concerned how many fake users Twitter actually has — with Musk arguing that the true figure had been grossly underestimated.
Once he's got his feet under the table, the billionaire will have an opportunity to find out for himself.
As you would expect, there's a crypto element to all of this as well.
Musk has repeatedly tweeted about his enthusiasm for Bitcoin and Dogecoin — and we could see crypto transactions become a bigger part of Twitter.
Earlier this year, he openly mused about whether DOGE should be accepted as a payment method for the Twitter Blue subscription service.
DOGE has rallied hard in reaction to Musk's acquisition being finalized — and CoinMarketCap data shows the memecoin has surged by 41% in the past seven days.
Binance — the crypto exchange that owns CoinMarketCap — has also confirmed that it's invested in Elon Musk's Twitter takeover. Co-founder CZ said:
"We aim to play a role in bringing social media and Web3 together in order to broaden the use and adoption of crypto and blockchain technology."