✨ Disinformation Shapes the World
posted 23 Oct 2023
The WSJ article that American legislators used to justify tighter control over cryptocurrencies has proven to be inaccurate.
Significant exaggerations were identified, as pointed out by the research company Chainalysis. The authors of the article incorrectly attributed the entire trading volume ($82 million) to the address of a terrorist group, while only $450,000 had actually been transferred.
This error inflated the WSJ's number by over 99%, affecting the understanding of the issue's scale and, consequently, the response of U.S. officials.
Significant exaggerations were identified, as pointed out by the research company Chainalysis. The authors of the article incorrectly attributed the entire trading volume ($82 million) to the address of a terrorist group, while only $450,000 had actually been transferred.
This error inflated the WSJ's number by over 99%, affecting the understanding of the issue's scale and, consequently, the response of U.S. officials.