Threads influencer rumor: The Financial Supervisory Commission requests LINE to delete encryption communities, but is refuted by legislators and the exchange as false information.

Threads at a glance, intelligence evaporates

Recently, the Threads account @bird.caged wrote online: "Several large cryptocurrency communities are known to have exploded, due to the Financial Supervisory Commission's request for LINE to delete certain content. Currently, it is known that the communities of MAX, Elite Trading Academy, and several small to medium-sized communities have been affected. It seems that Taiwan is becoming increasingly unfriendly towards cryptocurrencies, and we need to find opportunities to quickly develop abroad." They also added in the comments section: "The Financial Supervisory Commission and the National Police Agency are working together to ask LINE to delete communities related to cryptocurrencies, USDT, and other keywords."

Some remarks seem to be well-founded, but lack substantive evidence. However, the sensational content has already caused an uproar in the community, with many inexperienced traders on Threads expressing their dissatisfaction. Nonetheless, it is still necessary to remind that reporting orders in the Taiwan stock market is not allowed; contract reporting groups are even illegal in Taiwan. A KOL with a legal background, Lianzi, questioned: "Before there is a letter from the Financial Supervisory Commission, a ruling, or related public information, I will raise a question mark."

Legislator Huang Jie, Bitol Exchange: The government's deletion of the cryptocurrency LINE community is false news.

KOL genius A Shui then sought verification from legislator Huang Jie, and both the Financial Supervisory Commission and the National Police Agency confirmed that there is no such matter. At the same time, he also verified with the compliant Taiwanese exchange Bito, which, after checking with the regulatory agency, also issued an announcement confirming that it has not contacted Line officially, nor has it requested the deletion of any groups related to cryptocurrency. Everyone is advised not to blindly trust unverified news.

In response, Lin Xiaomai, the editor of the Taiwan blockchain media Crypto City, stated that from a journalist's perspective, the first thing to do upon seeing such news is to confirm the source of the information. If it is just a deleted community without verification and no reliable source, how can it be determined that it was the actions of the Financial Supervisory Commission?

As for whether this move is stifling cryptocurrency in its cradle or simply eliminating potentially non-compliant communities? He cited the Taiwan Virtual Asset Service Providers Association (TWVASP)'s customer protection self-regulatory guidelines proposed last year, which clearly mention that the advertising restrictions for operators include:

Prohibition of exaggeration and misleading:

Advertisements must not contain exaggerated, deceptive, or misleading content.

Do not make arbitrary predictions about price fluctuations, nor can you guarantee profits.

It is strictly prohibited to use exaggerated terms such as "minimum," "best," and "only."

At this point, it is basically confirmed that the first influencer to leak this news casually accused the Financial Supervisory Commission of colluding with the National Police Agency, using unverified information. The author recalls that previous articles mentioned that in today's society, discussions that easily spiral out of control often revolve around a few themes: gender, politics, and religion. Once a topic is brought up, rational dialogue quickly devolves into hostility and division. This is not because these issues cannot be discussed, but because they are highly tied to individual identity. As a result, KOLs may frame all issues in a political context to gain traffic, even if the content is not guaranteed to be true, or may even be fabricated.

Creating false information is one thing, but the act of copy-pasting without fact-checking by some users raises doubts. Can those who lack even a basic media literacy really help users make money? It’s lamentable that in this era, perhaps no one cares about what is true or false. All that matters to everyone is the traffic, which is pitiful.

(A well-known venture capital partner discusses the psychological traits needed by founders. Have you also fallen into the trap of identity labels? )

This article Threads influencer rumor: The Financial Supervisory Commission requests LINE to delete the cryptocurrency community, refuted by legislators and exchanges as false information, first appeared in Chain News ABMedia.