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hits back HARD at the WSJ article from last week, ending with this: "...and we’d suggest the WSJ change their title to be more accurate and objective: “Less than 2/10th of 1% of ShapeShift’s business might be illicit.” DAMN, talk about a response. However...

Quote Tweet

ShapeShift

@ShapeShift

· Oct 1, 2018

Shining Light on the @WSJ's Attack on ShapeShift and #Crypto

Via: @ErikVoorhees bit.ly/2OsZpZ1

Katherine Wu

@katherineykwu

Oct 2, 2018

[WSJ article here: wsj.com/articles/how-d]

I totally understand

's anger-- as

have pointed out, the WSJ report is an extremely biased comparison & further pushes the narrative that crypto is criminal money. twitter.com/iamjosephyoung twitter.com/iamjosephyoung

This Tweet is unavailable.

Katherine Wu

@katherineykwu

Oct 2, 2018

Unfortunately, the damage is largely done. The intentions of the accused journalists as well as Shapeshift's vision are irrelevant to a regulator. If there’s one thing guaranteed to get a regulator’s attention, it’s a front-page article in the WSJ.

Replying to

and

Reckless incompetence or criminal negligence? The level of libelous malice in this

@wsj

piece is staggering. Fake news at its finest. When will journalists be accountable for the harm they inflict on the innocent, and the trusting public?

6:23 AM · Oct 2, 2018Twitter for iPhone

Replying to

When

Replying to

What is your exact issue woth this piece? I’m obv’ missing something. Do you imagine there aren’t millions of dollars of stolen money being cleaned via

and other exchanges?

Replying to

Pure incompetence. Google Murray Gell-Mann amnesia effect. Journalists do incompetent reporting on a daily basis. We only detect incompetence when we are very familiar with the topic.

Replying to

and

I agree that comparing crypto exchanges to banks on a global scale is ridiculous, but don’t think this can arise to “criminal negligence”. Unlike a person, a company generally can’t sue for slander or defamation (bc companies don’t have “feelings”). Like I said, shitty situation.

Bruce Fenton for US Senate

@brucefenton

Oct 2, 2018

Katherine - please don’t further the fake news with posts flippantly claiming Shapeshift has done something wrong or illegal. You seem to be basing this only on the fake WSJ story. It’s reckless and harmful.

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