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The Twitter account for Arbitrum, the Ethereum rollup platform, was suspended on Monday.
The co-founder of Offchain Labs, the company behind Arbitrum, Harry Kalodner, confirmed the suspension in a text message to CoinDesk, although he said he was unsure of Twitter’s rationale. “The Arbitrum Foundation which now controls that account is investigating,” said Kalodner.
The suspension comes less than a week after the much-hyped rollout of Arbitrum’s new ARB governance token. The ARB launch, like similar buzzy token launches, was seized on by scammers who used spoof social media accounts and elaborate phishing schemes to steal from unwitting ARB investors. Many of those scam accounts are still live on Twitter.
Arbitrum is a layer 2 rollup platform that allows users to transact on the Ethereum blockchain and pay lower transaction fees. It’s currently the largest Ethereum rollup by trading volume and total value locked, according to DefiLlama. The Arbitrum DAO (decentralized autonomous organization) – which is constituted by holders of ARB – took over development of the platform last week with the release of the ARB token. Previously, the platform was officially maintained by the company Offchain Labs.
Togrhul Mahararramov, a developer for scroll, another Ethereum rollup platform, called Twitter “consistently awful.”
CORRECTION (March 27, 2023 19:18 UTC): A previous version of this story misidentified the tweet as from Kalodner, instead of Mahararramov.
Edited by Nelson Wang.
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Sam is CoinDesk’s deputy managing editor for tech and protocols. He reports on decentralized technology, infrastructure and governance. He owns ETH and BTC.
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Sam is CoinDesk’s deputy managing editor for tech and protocols. He reports on decentralized technology, infrastructure and governance. He owns ETH and BTC.
