BlackRock Denies Rumors of Voyager Digital Acquisition
After rumors emerged indicating that BlackRock is the largest company asset Management company, preparing to acquire Voyager Digital, encryption.news He confirmed that the deal was fabricated.
When encryption.news receipt out To BlackRock to confirm Honesty of Alleged acquisition, Carolyn Vadino, director of the company director of Corporate Communications, categorically confirmed that the press release was false.
According to Chinese cryptocurrency reporter Colin Wu, these rumors were published as “news” and were likely intended to artificially inflate Voyager. native token (VGX), a tactic known as “pumping”.
This misinformation was posted as paid content on The reputable Associated Press (AP) website emphasizing the long-term implications of Such deceptive practices.
Trace Wu Origin of Misleading Chinese press release social media account with Followed alone, further highlighting the questionable nature of These allegations.
the news story He explained that BlackRock has completed initial due diligence on Voyager Digital,platform already Reeling under bankruptcy proceedings. I went on To indicate that negotiations are ongoing regarding purchase of assets And shares of the bankrupt company and that the two parties have reached a preliminary agreement for Acquisition.
Voyager boost
In wakefulness of the false Voyager Digital report tokenVGX, saw an 8% increase over a 24-hour time frame, demonstrating the impact of forged news on Cryptocurrency markets.
on time of During the publication, VGX lost 2.8%. of Its value. However, it remained 17.7% higher over Seven days and 18% over Two weeks, according to CoinGecko data.
BlackRock, which oversees $9.4 trillion in assetshe have made no secret of Her growing interest in encryption. The company recently filed with the US Securities and Exchange Commission (SEC). for Bitcoin (BTC) exchange-traded fund (ETF). However, the SEC delayed its decision decision on Application until October 17, along with these of Wisdom Tree, Bitwise, Invesco, Ark Invest, and VanEck.
