Coindesk Delete an article about Bitmaindeceit for its investors
The coindesk website published a detailed report on the deceit of Bitmain, one of the largest investors in the formation and currencies encrypted for investors by claiming that they received financial support from Russian investors. The site deleted the story - which Beth Chen obtained a copy of - without mentioning any reasons after a few hours of publication , And the site refused to comment on the deletion of the news without any reference to any professional or legal reasons to delete the news, amid speculation in the community of encrypted currencies that the giant company Batmain has put pressure on Queen Dis to delete the news.
CoinDesk is one of the largest news platforms for encrypted currencies, and we publish to our followers today the translation text of the deleted report.
Bitmain Technologies, Ltd., a leader in the industry of encrypted currency mining software and devices, has made false claims in at least two different versions of presentations designed to raise funds from investors in China and the United States in a possible violation of domestic and global securities laws, Legal litigation from parties that have experienced miscarriages during financing negotiations.
The presentations misled pre-IPO investors by making them believe that Batayman received a financial commitment from Digital Sky Technologies Global in a previous investment time plan, while the company never invested in Bettain.
In a copy of the presentations, Bateman said, "The $ 400 million second financing round from Sequoia Capital, Digital Sky Technologies, GIC and others has recently concluded with a preliminary investment estimate of $ 12 billion. "It raised another $ 400 million and estimated value of $ 12 billion from investors such as Sequoia China, GIC and Digital Sky Technologies in the second financing round."
It also contained a third version of Twitter that was very close to the first version of the presentation, but the CoinDesk site did not validate the version.
The Digital Sky Technologies Global logo in the three presentations, along with the logos of Sequoia Capital and GIC, were placed on the segments that present the above quoted text as additional clarification to the investors who participated in each stage of the financing.
QuinnDisk learned of the inaccuracy of the comments after an article was published about the proposed initial public offering. Jane Wooten, vice president of the public relations agency representing Digital Sky Technologies Global, told QuinnDiscox that Digital Sky Technologies Global had not invested in Bettmin and asked for a correction to the article, which referred to Digital Sky as a company investing in Bettmin.
Josh Lindsfor, managing director of Digital Sky Technologies Global, confirmed Whatin said, and denied that the company had invested in Bettayn in any round of financing.
Digital Sky Technologies Global is a private equity firm based in Hong Kong founded by Russian billionaire Yuri Milner as the investment arm of Russian online company Mail.Ru Group. Milner has invested through Digital Sky Technologies in many major technology companies such as Facebook, Twitter, Spotify, WhatsApp, Alibaba, Airbnb and Xiaomi in its beginnings.
The New York Times reported last fall that some of the key assets in Melner's Facebook and Twitter investments were from Kremlin money passing through fictitious companies.
Digital Sky Technologies Global issued a statement in which it responded to the New York Times article, excluding Russian investors from day-to-day operations and decisions of the executive board of listed companies in their portfolios. In its letter, Wooten called for removing all references to Digital Sky Technologies Global as an entity of Russian origin and references to its links with Russia in historical and future articles.
Milner has personally invested in the cadre of Cadre Real Estate Investment in New York, where he began with Jared and Joshua Kouchner four years ago. Jared, before taking office in the White House and before his marriage to the daughter of President Ivanka Trump, worked in real estate development with his father Charles Kouchner in the Greater New York City area.
The Trump administration, which hired Jared as chief counsel for Donald Trump, his wife's father and president of the United States, is under federal and state scrutiny for dealings with the Russian government that may have violated campaign funding laws in the 2016 presidential election.
Technology companies have since been more scrutinized because they are not doing enough to prevent foreign clients from influencing the political path through social networking sites.
Legal consequences
Two weeks ago, the company discovered that Softbank Group and Tencent Holdings had no investment in Bettaynn, contradicting the reports in the Chinese media. The source of the reports is the IPO Zhao ZiDao, Affiliated to QQ News and QQ News covering public offerings of shares across the Asian continent.
Despite accusations by a large segment of the encrypted currency community of Bettayman that they are responsible for the allegations, it is unclear who spoke with the blog "IPO Zhao ZiDao." Its author, Ankle C, declined to comment on its sources, and the allegations were not published in the official documents of the investors.
However, it is arguably the latest draw on Digital Sky Technologies
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