Be careful where you get your advice. By Bianca Healey, Business Insider Australia on Jul 29 2021 12:07 PM Print article
Everyone wants to give you their 2c about cryptocurrency. Photo: Shutterstock
A TikTok family has begun spruiking a new cryptocurrency token across their social accounts, an increasingly popular activity that calls into question the government’s hands-off stance on influencer financial advice.
Atis Paul, alongside his sister Anna and girlfriend Michaela Testa, all successful influencers with followers in the millions across TikTok, Instagram, and OnlyFans, took to their instagram stories in late May to promote a new cryptocurrency, Hushcoin.
Paul’s Instagram bio reads “I like my girlfriend and crypto” and displays a link to CryptoBullRuns, an OnlyFans account where he shares crypto insights despite having no background in finance.
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Remember the financial transaction tax?
It’s looking like the exchanges’ threats to move out of the state if New Jersey imposes the tax may have worked (the exchanges even met with the governor of Texas).