Cryptocurrency

Ripple, FTX, Tezos leaders affected by Twitter’s blue checkmark removals

After Twitter changed its identity verification model on April 20, many cryptocurrency leaders seem to have lost their “blue check mark” status.

Crypto Leaders Affected by New Policy

While the focus has been on many mainstream celebrities affected by Twitter’s policy changes, many cryptocurrency leaders have been affected as well.

One of the individuals affected was Ripple CEO Brad Garlinghouse, who had a blue check mark on April 15th but did not. April 20th.

Other leaders who seem to have lost their blue checkmark include co-creators of Tezos Kathleen Brightman And the originator of shapeshifting Eric Voorhees.

FTX founder and former CEO Sam Bankman Freed lost the blue check mark Bankman-Fried is not actively using Twitter due to pending litigation, which may be impacting its ability to adapt to new policies.

Former Twitter CEO Jack Dorsey, head of crypto-focused payments firm Block, also lost the checkmark. Dorsey hasn’t tweeted since January.

Eleanor Tellett, a cryptocurrency reporter for FOX Business, was also affected.she commented The policy change writes: Terrett quipped: “It was a good run, blue check mark.”

Blue checkmarks now cost money

Initially, Twitter gave blue checkmarks to well-known and highly public Twitter accounts as a way to prove identity and prevent impersonation and fraud.

However, under the leadership of Elon Musk, Twitter changed its policy in late March to show paying subscribers a blue checkmark. While this arguably defeats the purpose of the blue checkmark, Twitter has introduced other identifying elements such as the company logo for executives and a gray checkmark for government officials.

Many cryptocurrency leaders seem to have adapted to the policy change. Coinbase CEO Brian Armstrong, Binance CEO Changpeng Zhao, Kraken CEO Jesse Powell, and Ethereum creator Vitalik Buterin, among others, maintain the blue checkmark.

Accounts affected by the change may be updated immediately.

The leaders of Ripple, FTX and Tezos, affected by Twitter’s removal of the blue check mark, first appeared on CryptoSlate.

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