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AI-powered cryptocurrency trading bot Bankr resumed operations on X on October 10, 2025, following a temporary suspension that sparked widespread community support. The bot remains inaccessible on Telegram, where its founder, @0xDeployer, suggested the block might relate to terms of service violations, despite the team's prior review of platform rules [1]. Bankr enables users to trade and manage crypto assets via text commands on platforms like X, Farcaster, and Telegram. During its suspension, users were directed to alternatives such as the Base App, Farcaster, and XMTP [2].
The bot's removal from both X and Telegram occurred hours after its Telegram launch, prompting the FreeBankr campaign on social media. Crypto enthusiasts rallied behind the hashtag, tagging platform executives to advocate for reinstatement. X has not publicly explained the suspension, which lasted only hours before the bot's return [3]. The incident has raised broader questions about how social media platforms regulate AI-driven tools, with @0xDeployer emphasizing the team's adherence to Telegram's policies [4].
Telegram's ongoing block of Bankr remains unexplained, complicating the bot's accessibility for users on the messaging platform. The founder noted the team's thorough compliance checks but hinted at potential "other reasons" for the suspension. Meanwhile, decentralized alternatives continue to serve as workarounds, though they limit the bot's reach compared to centralized platforms [5].
The Bankr suspension aligns with a growing trend of scrutiny over AI tools on social media. Recent legal action by Eliza Labs against X Corp. highlights similar concerns, as the AI firm alleges the platform leveraged its market dominance to demand a $50,000 monthly licensing fee before deplatforming its services. While no direct link exists between Bankr's case and Eliza Labs' lawsuit, both underscore tensions between platform policies and AI innovation [6].
The crypto community's swift mobilization to restore Bankr on X reflects the sector's influence in shaping platform decisions. Despite the unresolved Telegram block, the bot's return signals resilience in decentralized finance (DeFi) tools, which increasingly rely on social media integration for user engagement. Analysts note that such tools simplify crypto asset management, accelerating Web3 adoption through accessible interfaces [7].

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