There’s no excuse for this. Just absolute piss poor research. A £37 investment and a lot of lies to ‘investors’ – He got rich stealing other peoples money. That’s pretty obvious. How this documentary got so far is bonkers.
Crypto doubleplusungood
CBDC doubleplusgood
War is peace. Freedom is slavery. Ignorance is strength.
Sounds a bit like he was running a scam. Why would he agree to take part in a documentary? At least they might be able to use some of the footage for the follow-up doc where he’s hopefully investigated and prosecuted.
The BBC gets a hard on whenever they hear about a young, “self made” millionaire entrepreneur
The BBC ran an article about it yesterday but that 404’s now!
> The programme, called The Crypto-Millionaire and due to be broadcast at 7.30pm on Wednesday night, was to tell the story of Hanad Hassan, a 20-year-old from Birmingham who said he had become incredibly wealthy by trading cryptocurrencies.
> The programme claimed he had turned a $50 (£37) investment at the start of 2021 into $8m (£5.9m) by the end of the year – suggesting he had made an astonishing investment return of almost 16,000,000% in just nine months.
> The Guardian asked the BBC if it was confident in his claimed financial returns and questioned why the programme’s promotional material did not mention that Hassan’s cryptocurrency Orfano was abruptly shut down in October, with many unhappy investors claiming they were left out of pocket as a result.
> The BBC swiftly said it had withdrawn the show but did not make any further comment on its editorial checks. An accompanying online article, which had featured prominently on the BBC News homepage, was also deleted without explanation shortly after the Guardian raised questions.
> The BBC has a patchy track record of covering cryptocurrencies and publishing stories about young entrepreneurs making large amounts of money from online trading. In October the corporation infamously promoted the rapidly rising price of a cryptocurrency that used the name of the Netflix show Squid Game, days before its price collapsed in an apparent scam.
So he ran a scam, got rich of it and decided to take part in a documentary detailing his scam?
The whole thing could have been a 10 min coffeezilla video from what I’m reading
You know it’s bad when a literal scam-artist is fooling even the BBC. They are making amateur mistakes left, right and centre.
Just show the Dan Olsen video on the topic and call it a day.
I have to say BBC news has become one to avoid for me.
Feels like a reporter with _any_ knowledge of crypto would recognise his wealth as stemming from an obvious pump and dump. Did this whole documentary go to a bunch of interns?
This is bullshit, even professional crypto traders can lose badly within seconds when being leveraged on trading platforms, shitty stories like this a bollocks.
Someone at the beeb higher ups decided “Shit, I cannot let my investments tank now!”
The BBC’s standards are piss poor atm. Like that transphobic article they are stuck defending despite clearly realising quickly they had fucked up.
15 comments
There’s no excuse for this. Just absolute piss poor research. A £37 investment and a lot of lies to ‘investors’ – He got rich stealing other peoples money. That’s pretty obvious. How this documentary got so far is bonkers.
Crypto doubleplusungood
CBDC doubleplusgood
War is peace. Freedom is slavery. Ignorance is strength.
Sounds a bit like he was running a scam. Why would he agree to take part in a documentary? At least they might be able to use some of the footage for the follow-up doc where he’s hopefully investigated and prosecuted.
The BBC gets a hard on whenever they hear about a young, “self made” millionaire entrepreneur
The BBC ran an article about it yesterday but that 404’s now!
> The programme, called The Crypto-Millionaire and due to be broadcast at 7.30pm on Wednesday night, was to tell the story of Hanad Hassan, a 20-year-old from Birmingham who said he had become incredibly wealthy by trading cryptocurrencies.
> The programme claimed he had turned a $50 (£37) investment at the start of 2021 into $8m (£5.9m) by the end of the year – suggesting he had made an astonishing investment return of almost 16,000,000% in just nine months.
> The Guardian asked the BBC if it was confident in his claimed financial returns and questioned why the programme’s promotional material did not mention that Hassan’s cryptocurrency Orfano was abruptly shut down in October, with many unhappy investors claiming they were left out of pocket as a result.
> The BBC swiftly said it had withdrawn the show but did not make any further comment on its editorial checks. An accompanying online article, which had featured prominently on the BBC News homepage, was also deleted without explanation shortly after the Guardian raised questions.
> The BBC has a patchy track record of covering cryptocurrencies and publishing stories about young entrepreneurs making large amounts of money from online trading. In October the corporation infamously promoted the rapidly rising price of a cryptocurrency that used the name of the Netflix show Squid Game, days before its price collapsed in an apparent scam.
So he ran a scam, got rich of it and decided to take part in a documentary detailing his scam?
The whole thing could have been a 10 min coffeezilla video from what I’m reading
You know it’s bad when a literal scam-artist is fooling even the BBC. They are making amateur mistakes left, right and centre.
Just show the Dan Olsen video on the topic and call it a day.
I have to say BBC news has become one to avoid for me.
Feels like a reporter with _any_ knowledge of crypto would recognise his wealth as stemming from an obvious pump and dump. Did this whole documentary go to a bunch of interns?
This is bullshit, even professional crypto traders can lose badly within seconds when being leveraged on trading platforms, shitty stories like this a bollocks.
Someone at the beeb higher ups decided “Shit, I cannot let my investments tank now!”
The BBC’s standards are piss poor atm. Like that transphobic article they are stuck defending despite clearly realising quickly they had fucked up.