{"id":91779,"date":"2025-12-04T09:42:59","date_gmt":"2025-12-04T06:42:59","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=91779"},"modified":"2025-12-04T10:33:10","modified_gmt":"2025-12-04T07:33:10","slug":"crypto-activists-accuse-abc-news-of-defaming-bitcoin","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/crypto-activists-accuse-abc-news-of-defaming-bitcoin\/","title":{"rendered":"Bitcoin Supporters Slam ABC News Over Negative Coverage"},"content":{"rendered":"<p>The Australian Bitcoin Industry Body (ABIB) has lodged a formal complaint against ABC News over an article on the cryptocurrency market downturn, which it claims contains &#8220;numerous factual errors&#8221; and &#8220;one-sided interpretation.&#8221;<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The Australian Bitcoin Industry Body (ABIB) has lodged a formal complaint with the Australian Broadcasting Corporation (<a href=\"https:\/\/twitter.com\/abcnews?ref_src=twsrc%5Etfw\">@abcnews<\/a>) regarding its recent article on Bitcoin.<\/p>\n<p>The piece contained multiple factual errors, misleading claims, and one-sided framing that breach the ABC\u2019s\u2026<\/p>\n<p>\u2014 Australian Bitcoin Industry Body (@AusBTCIndBody) <a href=\"https:\/\/twitter.com\/AusBTCIndBody\/status\/1995703656491172139?ref_src=twsrc%5Etfw\">December 2, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>ABC News, Australia&#8217;s government-funded public broadcaster and the country&#8217;s largest media organization, published a <a href=\"https:\/\/www.abc.net.au\/news\/2025-12-02\/bitcoin-losing-to-tether-as-money-launderers-currency-of-choice\/106086594\">controversial piece<\/a> on December 2 analyzing recent digital asset volatility. The article questioned the utility of the first cryptocurrency.\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;Conceived nearly 18 years ago by the mysterious Satoshi Nakamoto [\u2026] Bitcoin has yet to fulfill any of its stated goals and has no practical application,&#8221; the article states.<\/p>\n<\/blockquote>\n<p>The author described digital gold as a tool &#8220;for those operating in the shadows,&#8221; noting that its role has been overtaken by stablecoins like USDT.<\/p>\n<p>ABIB&#8217;s complaint asserts that the publication violates ABC&#8217;s editorial policy and Code of Conduct.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;The article misrepresented Bitcoin&#8217;s purpose, conflated it with criminal activity, overlooked publicly available information, and relied on sensational language rather than evidence to inform readers,&#8221; the activists noted.\u00a0<\/p>\n<\/blockquote>\n<p>The group&#8217;s complaint cites each inaccuracy and discrepancy in the material. ABIB representatives demand corrections to the errors.<\/p>\n<p>The organization added that they frequently receive inquiries from the public, &#8220;disappointed by the recurring misrepresentation of cryptocurrency in Australian media, particularly from state-funded entities legally obliged to provide accurate and impartial journalism.&#8221;<\/p>\n<p>Back in September, U.S. President Donald Trump <a href=\"https:\/\/forklog.com\/en\/news\/trump-sues-nyt-over-alleged-attacks-on-his-meme-coin\">filed a $15 billion defamation lawsuit<\/a> against The New York Times and book publisher Penguin Random House over attacks on his meme token.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ABIB has filed a formal complaint against ABC News over an article on the crypto market downturn, citing &#8220;numerous factual errors&#8221; and &#8220;one-sided interpretation.&#8221;<\/p>\n","protected":false},"author":1,"featured_media":91780,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"ABIB files complaint against ABC News for \"factual errors\" in crypto article.","creation_source":"ai_translated","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1464,18],"class_list":["post-91779","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-accusations","tag-bitcoin"],"aioseo_notices":[],"amp_enabled":true,"views":"189","promo_type":"1","layout_type":"1","short_excerpt":"ABIB files complaint against ABC News for \"factual errors\" in crypto article.","is_update":"0","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=91779"}],"version-history":[{"count":2,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91779\/revisions"}],"predecessor-version":[{"id":91786,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/91779\/revisions\/91786"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/91780"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=91779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=91779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=91779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}