Twitter Terminates $8 Subscription Program Following Boom in Fake Accounts

Current subscribers will still have access to their accounts, according to the person who requested anonymity because the information is confidential.

Twitter Inc. is fighting a rising problem of imitators of well-known companies. has paused the $8 subscription program it introduced earlier this week, according to a person familiar with the decision.

Current subscribers will still have access to their accounts, according to the person who asked to remain anonymous because the information is confidential. The website Platformer has already reported on the change.

According to the person, the corporation has also brought back “official” badges for high-profile accounts. The grey badge, which had been removed, has again reappeared beneath the profiles of important media organizations and companies. The identification tag was used earlier this week before it was discontinued.

There have been more fraudulent accounts since Twitter began allowing paying users to acquire verified blue check marks. A bogus Eli Lilly & Co. account tweeted that insulin was now free, forcing the company to apologise, while a second account posing as Nintendo Inc. uploaded a picture of Super Mario with his middle finger raised. A fabricated Tesla Inc. account mocked the automaker’s safety record.

Twitter Support wrote on Friday, “To fight impersonation, we’ve applied an ‘Official’ badge to select accounts.”

The same day, Elon Musk tweeted that any accounts that spoof something must have “parody” in their name.

There have been more fraudulent accounts since Twitter began allowing paying users to acquire verified blue check marks. A bogus Eli Lilly & Co. account tweeted that insulin was now free, forcing the company to apologise, while a second account posing as Nintendo Inc. uploaded a picture of Super Mario with his middle finger raised. A fabricated Tesla Inc. account mocked the automaker’s safety record.

Twitter Support wrote on Friday, “To fight impersonation, we’ve applied an ‘Official’ badge to select accounts.”

The same day, Elon Musk tweeted that any accounts that spoof something must have “parody” in their name.

He had stated in a tweet that parody accounts going forward have to use the word in their name rather than just their bio.

The world’s richest billionaire, who spent $44 billion to buy Twitter last month, is facing a number of challenges as top advertisers abandon the platform over concerns about the company’s ability to stop false accounts and hate speech. Bloomberg News previously reported that Musk, who has also witnessed resignations within his leadership team, hinted that the company would go bankrupt in his first message to employees this week.