X sues two UK residents over alleged $277,000 crypto payout fraud

X Internet Unlimited Company and X Corp. have filed a lawsuit in London against Vivek Kumar Sen and Zamyang Sherpa, along with unidentified accomplices, alleging fraud through X's Creator Revenue Sharing program. X claims the defendants operated multiple accounts in concert and used likes, reposts and replies to mimic genuine engagement and increase their share of program payouts. The plaintiffs flagged nine accounts, including @Vivek4real_, @Bitcoin_Teddy, @saylordocs, @TrendingBitcoin, @Kalshibacktest and @PolyBackTest. X alleges that several accounts posted identical or substantially similar crypto-focused content within minutes of one another, including one instance in which posts appeared 11 seconds apart. X also alleges that the defendants used overlapping financial and identifying details across accounts. The filing says the Stripe account associated with @Bitcoin_Teddy was registered to Stefan Mann, while the linked bank account was held by Sen and the associated email address was linked to him. X puts its claimed losses at £207,384 ($277,000) in program payments. It is seeking at least another £75,000 ($100,000) for investigation, analysis, remediation and measures to prevent further wrongdoing. The Creator Revenue Sharing program began around July 28, 2023, and was replaced by X's Original Content Rewards program on Sept. 7. X says it suspended the accounts on Aug. 18 over what it described in the claim as coordinated revenue-sharing fraud and platform manipulation. The allegations have not been adjudicated by the court.