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Market News

Indian Crypto Influencer Spreads Fake News About N Korea Buying Bitcoin

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.

Written By:
Dishita Malvania

Last updated: February 18, 2025 4:54 PM
Published 2025-02-18
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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.  

Bullish news 🔥🔥🔥 pic.twitter.com/NUE84cS18o

— Pushpendra Singh (@pushpendrakum) February 17, 2025

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.  

BBC search
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.

Also Read: Is XRP teaming up with Elon to achieve $600 price? A Fact Check

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:Bitcoin (BTC)India
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Dishita Malvania - Senior crypto journalist at The Crypto Times
By Dishita Malvania
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Dishita Malvania is a Crypto Journalist with 3 years of experience covering the evolving landscape of blockchain, Web3, AI, finance, and B2B tech. With a background in Computer Science and Digital Media, she blends technical knowledge with sharp editorial insight. Dishita reports on key developments in the crypto world—including Litecoin, WazirX, Solana, Cardano, and broader blockchain trends—alongside interviews with notable figures in the space. Her work has been referenced by top digital media outlets like Entrepreneur.com, The Independent, The Verge, and Metro.co, especially on trending topics like Elon Musk, memecoins, Trump, and notable rug pulls.

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