Logically Facts | A Global Initiative To Fight Online Mis/Disinformation

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False: Amazon's cryptocurrency platform, Biti Codes, can make anyone a millionaire within 3-4 months.

Although such trading websites exist, Amazon has not launched any cryptocurrency platforms. Articles claiming so are fake and lead to potential scams.

Economics-Crypto Conspiracies-New World Order

False: India will shut down banks for 20 days in October to introduce cryptocurrency.

Economics-Crypto Economics-Business

False: Infosys co-founder Nandan Nilekani to invest ₹892m in new trading platform to make ordinary people richer.

Economics-Crypto Tech-Crypto Tech-Social-Media

Misleading: Indian government has legalized cryptocurrency.

Economics-Crypto Tech-Crypto

False: India's 2022 Union Budget levies a 30 percent tax on cryptocurrency transactions.

Climate-General Economics-Crypto Tech-Crypto

Non-fungible tokens (NFTs) are damaging to the environment.

Economics-Business Economics-Crypto

False: Walmart will accept the cryptocurrency Litecoin as payment on its e-commerce platforms.

Economics-Crypto

Biden has proposed IRS disclosure for all crypto transactions.

Economics-Crypto Tech-Social-Media

False: Dogecoin's price has risen by more than 900 percent since March 2021.

Economics-Crypto Politics-Policy

True: The Indian government is planning on banning cryptocurrency in India.

0 Global Fact-Checks Completed

We rely on information to make meaningful decisions that affect our lives, but the nature of the internet means that misinformation reaches more people faster than ever before