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Thursday, January 24, 2019

Fake news created by crypto proponents to promote bitcoin investment.

These crypto proponents are implementing a desperate marketing campaign to promote bitcoin investments because they have suffered heavy losses.

https://inspirednew.com/crypto/

The news article states that creative technology founder, Sim Wong Hoo, has divested his shareholdings and invested in bitcoins.  This fake news is just a marketing campaign to promote bitcoin investments and lure ignorant investors into bitcoin.

The truth:

As creative technology is a public listed company, the company must report to SGX and make a public announcement about the departure of its key management personnel and also major changes in its key shareholding structure.  No such announcement is being made on SGX company announcement web page.

Furthermore, there is no mention of Sim leaving creative technology in his latest interview.

https://www.sgsme.sg/news/lunch-sumiko-creative-technologys-sim-wong-hoo-back

When those crypto proponents are using such underhand method to promote bitcoin, you know bitcoin is nothing but a scam.

1 comment:

Eric Ho said...

When a product is a good product, it doesn't have to resort to fake news to promote the product.

These crypto proponents are just trying to dump their bitcoins to the next idiot.