Crypto lobby slams Australian broadcaster’s ‘sensational’ Bitcoin article
Australia’s government-funded national broadcaster, which reaches an average of over 12 million people, released a report on Tuesday that portrayed Bitcoin as a tool used by criminals with no real use or purpose.
A crypto industry group has filed a formal complaint against the Australian Broadcasting Corporation, seeking to correct a recent article that contained several misrepresentations and factual errors about Bitcoin.
In its complaint, the Australian Bitcoin Industry Body claimed that the article painted Bitcoin (BTC) as a volatile tool for criminals while ignoring the benefits of Bitcoin for energy grids and humanitarian purposes.
“The article misrepresented Bitcoin’s purpose, conflated it with criminal activity, omitted long-standing publicly available information, and relied on sensational language rather than evidence to inform readers,” ABIB alleges.