Indian Crypto Influencer Spreads Fake News About N Korea Buying Bitcoin

As the famous dialogue from the movie Spiderman goes, “With great power comes great responsibility,” the same is true for “influencers” in the digital age, who have a large fan base and can often alter public perception. However, not every influencer understands the true meaning of using social media responsibly.

Pushpendra Singh, a crypto influencer from India with 435K followers, recently posted a picture of an article from BBC News, claiming, “North Korea says it will buy $10 billion worth of Bitcoin and Ethereum. F**k all the bears.” This tweet has reached to huge 52K people, with 174 comments, 221 retweets, and 1.3K likes.

Sounds crazy, right? Given his track record of staying on top of crypto news, it wasn’t surprising that people took him seriously. But hold up, this story’s got some serious holes.

For those who don’t know, Pushpendra’s the co-founder of SmartViewAI and PushpendraTech, and he’s known for breaking crypto updates before they hit the news. But here’s where things get sketchy, this post. A glance at it makes you think, ‘Whoa, North Korea investing billions in crypto?’ But then a closer look tells a different story.  

No one else is reporting this. A simple search on Google or the BBC News website yields nothing. No major outlets are picking up on this, which is a huge red flag.  

Digging deeper, it turns out that the image Pushpendra shared isn’t even from BBC News. It looks like someone doctored a screenshot to make it seem legit. With BBC’s branding slapped on it, the post looked trustworthy at first, but it’s nothing but a fake.  

Source: BBC

As of now, there is no confirmation that North Korea is about to spend $10 billion on Bitcoin or Ethereum. This whole thing seems to be pure speculation at best. And it’s not just some harmless tweet, it’s a reminder of how easily misinformation spreads, especially in the crypto world, where rumors can make or break prices.

Just because someone with a massive following shares something doesn’t make it gospel. Always fact-check and verify, or you could be buying into something that’s, well, not so true.