Verification chaos: fake tweets cause stock prices to collapse

More chaos over Musk’s ‘Twitter Blue’

Fake tweets cause stock prices to crash

The new verification system has triggered a wave of fake news on Twitter. This also had an impact on the stock market. Due to the fake tweets, the stock prices of several companies crashed.

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The new verification system has caused chaos on Twitter.

It only cost $8 – but it could have caused billions in damage: the blue tick on Twitter.

By using a small symbol next to the name, companies and famous people can show that the account is real. Elon Musk, 51, recently the proud owner of Twitter, monetized the verification icon after his takeover. $8 could buy a blue tick.

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