A new report shows that some crypto news websites deleted a study about scams because they were pressured to do so by advertisers.

Timeline:

A report is published identifying scam or high-risk crypto projects manipulate users to gain legitimacy. Crypto news outlets publish the findings. The story begins to trend as people start to realize how they’re being played. PR firms representing the “exposed” projects begin contacting editors and demand total removal of the articles. In a span of 24 hours, multiple news sites “scrub” the articles. Links lead to 404 error pages. No “Editor’s Note” or explanation is provided to the public. Internal communications are leaked, showing some of these conversations. The “Streisand Effect” kicks in. By trying to hide the study, the PR firms have now turned a niche research paper into a massive scandal about media censorship and integrity.

This situation is a massive wake-up call. If we can’t trust the media to keep a simple study online because a PR firm waved some cash or a legal threat, we are essentially flying blind.

Careful who you trust for your due diligence, if a project’s search results look too perfect, there’s a good chance they paid to keep it that way.

submitted by /u/EmbarrassedStudent10 [link] [comments]

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