Eli Lilly stocks plummeted by almost 5% following a fake Twitter blue checkmark announcing free insulin distribution

Buzz

Ngày cập nhật gần nhất: 15/4/2026

Last Thursday, the Twitter handle @EliLillyandCo posted a tweet stating they will be providing free insulin from now on. This news came as a shock, considering that in the US, uninsured diabetic individuals had to pay over $1,000 to purchase medication every month over the past decade.

However, it turned out that the account with a seemingly legitimate name was not actually affiliated with Eli Lilly, one of the pioneering pharmaceutical companies providing various forms of insulin supplements for diabetic patients worldwide. The genuine account of this company has a different name, @LillyPad, and they had to issue a statement correcting the false promises made by the imposter account.

Eli Lilly might be considered the next casualty of the current chaos surrounding blue tick verification on Twitter. Elon Musk has opened the floodgates for anyone to purchase a blue tick, albeit at the cost of $8 per month subscription fee. Previously, obtaining a blue tick required individuals or entities to provide legal documentation (such as ID cards, business certificates, etc.) to Twitter for verification. However, the recent ability to purchase verification has led to rampant chaos on the platform. Instances include fake accounts impersonating LeBron James announcing a move to the LA Lakers, or more dangerously, a fake Lockheed Martin account declaring a cessation of arms sales to certain countries, not to mention a fake account impersonating former President Bush making incendiary remarks about the Iraq war.

Check out this tweet for more insight: https://twitter.com/rafaelshimunov/status/1591133819918114816?s=20&t=xglXPsuQFVRmuwoWQolg_g

For more interesting tweets, follow this link: https://twitter.com/Oregano_Is_Life/status/1590814960396935171?s=20&t=wOUrBzbXrefjIK8LzdT_uw

Now, if you hop onto Twitter and search for the handle @LillyPad, you'll see them scrambling to debunk all related posts about this fake news. The company has reached out to Twitter to propose joint action on this matter. However, many are sarcastically questioning how they can handle it when Elon Musk has already given the entire media team a break 😁

Frequently Asked Questions

What was the recent shocking announcement made by the Twitter account @EliLillyandCo?

The account @EliLillyandCo falsely announced that they would be providing free insulin, which surprised many given that uninsured diabetics often pay over $1,000 monthly for their medication.

How did Eli Lilly respond to the false claims made by the impersonator account?

Eli Lilly responded by clarifying that @EliLillyandCo is not their official account and issued a statement from their genuine account, @LillyPad, to correct the misinformation about free insulin.

What problems has the new verification system on Twitter caused for users and companies?

The new verification system on Twitter has led to widespread chaos, enabling fake accounts to impersonate notable figures and companies, resulting in misleading announcements and damaging misinformation circulating on the platform.

How has Elon Musk's decision on blue tick verification affected Twitter's reliability?

Elon Musk's decision to allow anyone to purchase a blue tick for $8 a month has severely compromised Twitter's reliability, leading to numerous instances of impersonation and misinformation that confuse users.

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