Informed Crypto News
No, a crypto CEO wasn’t arrested for smuggling 20,000 condoms
Headline, no. A crypto CEO wasn't arrested for smuggling 20,000 condoms published at 4.02 p.m. September 16th, 2024 on Protos.com. The team behind a crypto-based mobile game has faked a Wall Street Journal, W.S.J. article that claimed the project's founder was arrested, attempting to smuggle 20,000 condoms into Singapore. Robinhood game-based meme coin Dogenhood shared a screenshot of the supposed article to its ex, formerly Twitter account on Saturday. The story reported that the project's CEO had been arrested by Singaporean customs officers at 4 p.m. SGT and was now in custody. It went on to claim that authorities believe the condoms were for a crypto conference in the city state this week. Dogenhood said, "We already reached out to our legal team and our contacts in Singapore trying to solve the situation." The image shared on X features a blurred out W.S.J. logo and similar formatting to the renowned publication. However, the outlet hasn't published anything on any crypto-founder smuggling condoms, and the fake headline isn't capitalized in the standard W.S.J. style. Some X users attempted to back up the fake story with one citing Singaporean law on condom imports. Dogenhood is another clicker game on the Telegram messaging app that offers little gameplay beyond mashing the screen to earn in-game currency. The fake story appears to be piggybacking on the upcoming Singapore crypto conference. Another crypto project, Near Protocol, opted for a fake news as PR strategy when it claimed it had been hacked earlier this month. However, it turned out that claims of a cyber-attack story were just to hype its upcoming hackathon event. It didn't go down well with everybody. Pretending that your socials have been hacked in order? Do a four-shawn/max-headroom-style gimmick doesn't make you marketing savvy? It makes you dumb as fuck for normalizing breaches, one X user wrote. Another said, "We wish you were actually hacked so we wouldn't have had to read this."