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Fake News Alert: Crypto Influencer Claims North Korea's Bitcoin Investment

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by Giorgi Kostiuk

5 months ago


Crypto influencer Pushpendra Singh recently shared on social media about North Korea's supposed $10 billion Bitcoin and Ethereum purchase, which later turned out to be false.

Social Media Post

Pushpendra Singh, a crypto influencer from India, posted a screenshot of a 'news' article from BBC News claiming North Korea will purchase $10 billion worth of Bitcoin and Ethereum. This post, viewed over 52K times, sparked considerable discussion among followers.

False Information

Despite its convincing appearance, the image is fake. No confirmations from BBC News or any other reputable sources have surfaced. It appears the image was doctored to look legitimate, complete with BBC branding.

Dangers of Misinformation

This case is a prime example of how rapidly misinformation can spread in the crypto world. Such information can significantly impact the market, causing unwarranted price fluctuations. It's crucial to always fact-check and verify sources before believing statements obtained from social media.

This incident highlights the importance of critical information assessment in the digital age. Influencers hold responsibility for the accuracy of shared data, and users must be cautious, cross-verifying the information they receive.

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