See More

Business Insider Spreads ‘Fake News’ About Goldman Sachs’ Crypto Plans

1 min
Updated by Adam James
Join our Trading Community on Telegram

In Brief

  • You Can't Believe Everything You Read
  • promo

Following reports this week that Goldman Sachs was abandoning plans to launch a cryptocurrency trading desk, the company’s CFO, Martin Chavez, has come out and lambasted the reports as fake news.
You can’t believe everything you read in the mainstream media — especially, it would seem, if that news comes from Business Insider. The American financial and business news website reported this week that financial giant Goldman Sachs was dumping its plans for a cryptocurrency trading desk. As it turns out, that report was unfounded. fake

There Was Never a Timeline

Those in the know have always been aware that Goldman Sachs had never provided an official timeline for when such an offering would be launched. Thus, it seems odd that a news outlet would report the project as canceled. Goldman Sachs

Clients Want It

In fact, Goldman is apparently hard at work on a bitcoin derivative, with Chavez citing client demand. What do you think about Business Insider‘s fake news report? Let us know your thoughts in the comments below! 
Top crypto platforms in the US | March 2024

Trusted

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.

images-e1706008039676.jpeg
Advertorial
Advertorial is the universal author name for all the sponsored content provided by BeInCrypto partners. Therefore, these articles, created by third parties for promotional purposes, may not align with BeInCrypto views or opinion. Although we make efforts to verify the credibility of featured projects, these pieces are intended for advertising and should not be regarded as financial advice. Readers are encouraged to conduct independent research (DYOR) and exercise caution. Decisions based on...
READ FULL BIO
Sponsored
Sponsored