Fnalysis.
All debunked crypto hoaxes
The crypto world already generates enough ridiculous real content, but it also generates hoaxes. This is the full archive of the ones we've rescued and debunked, one a week.
Elon Musk gives away 5,000 BTC live: send 1, get 2 back
A livestream video showed Elon Musk announcing a Bitcoin 'giveaway event': you sent an amount to an address and got double back instantly.
Why it's false: It's the classic "double your crypto" scam, using deepfakes or recycled footage from real conferences. Nobody gives away crypto like that…
Read and share →A court confirmed that Craig Wright is Satoshi Nakamoto
For years it circulated that the identity of Satoshi Nakamoto, Bitcoin's anonymous creator, had been judicially confirmed as Australian Craig Wright.
Why it's false: It's the exact opposite: in March 2024, England's High Court ruled that Craig Wright is NOT Satoshi Nakamoto, following a trial brought by…
Read and share →The U.S. government gives away $5,000 in Bitcoin for signing up to a 'pilot program'
Texts and emails circulate asking for your bank details and a small crypto transfer to 'activate' a supposed government payout.
Why it's false: No government gives away cryptocurrency for signing up. It's plain phishing: they ask for an upfront transfer ('gas fee' or…
Read and share →A quantum computer broke Bitcoin's encryption and emptied wallets
Viral headlines claim a lab managed to drain Bitcoin wallets by exploiting a quantum flaw in its cryptography.
Why it's false: Today's quantum computers are nowhere near having the stable qubit capacity needed to break the elliptic curve Bitcoin uses (secp256k1).…
Read and share →A Donald Trump video during the Super Bowl invited viewers to send cryptocurrency to "double their money"
On February 9, 2026, during Super Bowl LX, an AI-generated video with Donald Trump's face and voice circulated, directing viewers to a website that promised to return double any crypto they sent. Thousands of people took the bait within minutes.
Why it's false: It's an unauthorized deepfake: Trump never recorded that video, and no such doubling exists — it's the classic "send crypto, get double…
Read and share →North Korea bought 50% of all Bitcoin in circulation
A viral chart claimed the North Korean regime had accumulated half of the total BTC supply through hacks.
Why it's false: North Korea has indeed stolen billions in crypto assets through documented hacks (Lazarus Group), but nowhere near 50% of the supply —…
Read and share →WhatsApp launches its own cryptocurrency, WhatsCoin, for all its users
Screenshots circulate showing a supposed WhatsApp update with a built-in wallet called 'WhatsCoin.'
Why it's false: It doesn't exist. Meta did try to launch its own coin (Libra, later Diem) between 2019 and 2022, but the project was canceled due to…
Read and share →Coca-Cola launches its own cryptocurrency, CokeCoin
An image of a supposed commemorative can with a QR code promised to redeem CokeCoin for free products.
Why it's false: Coca-Cola has never launched its own cryptocurrency. The image is an unofficial viral mockup; the company has no token associated with its…
Read and share →Amancio Ortega, Spain's most reclusive businessman, launched a secret platform to "give money back to society" by investing in Bitcoin
Ads styled like CNN headlines showed the owner of Zara and Inditex explaining how his algorithm "takes money from the world's richest and redistributes it to everyday Spanish citizens" through bitcoin trading.
Why it's false: Amancio Ortega has never given an interview about cryptocurrency — he's famous precisely for almost never speaking publicly. His holding…
Read and share →Bitcoin was officially banned in the United States
Every so often, the same screenshot resurfaces of a supposed official statement banning Bitcoin ownership in the U.S.
Why it's false: No such ban has ever existed. The United States regulates crypto (SEC, CFTC) but has never banned it at any point; the hoax cyclically…
Read and share →A famous British financial guru appears in a video recommending investment in a Bitcoin platform alongside Elon Musk
A Facebook ad showed Martin Lewis, a well-known personal finance presenter and expert in the UK, explaining in his own voice and face how a platform called "Quantum AI," supposedly backed by Elon Musk, multiplied money invested in bitcoin.
Why it's false: It's a deepfake: Lewis never said that, and the platform doesn't exist as a legitimate business — it's an investment scam. Lewis had…
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