Bloomberg Calls Questioning Of Chainalysis ‘Smear Campaign’, Raises Questions Of Media Integrity
Journalism has been getting an ill rep. A survey held by the communications firm Edelmann has found that trust in the media in the UK was at 35% and 37% in 2021 and 2022, while trust in the media in the US was only a few basis points ahead, with 39% and 43%, respectively. The problem of eroding trust in the media seems to arise increasingly where corporate and state interests cross the free press. The media plays a key role in combating corruption, yet it seems the days of publishers suing governments over press freedom are largely over. As reporting made way for ‘content’ and authors turned into ‘influencers’, the stage has been set to foster media corruption: Thou shalt not piss on the foot that kicks its scraps towards thy. A recent example of the free press representing corporate (and intelligence) interests can be found in Bloombergs coverage of the Bitcoin Fog trial; and the problem begins as early as the headline. In “Wall Street-Backed Crypto Tracer Faces ‘Junk Science’ Attack”, we can firstly find the allegation that the definition of non-scientifically proven software as ‘Junk Science’ is some sort of newly found conspiracy – when the US based innocence project,