Swyftx’s self-promotion on crypto news site it owns raises ethical concerns — Capital Brief
Local crypto exchange Swyftx has been quietly running its own industry news site, promoting its services over its competitors without prominently disclosing the company’s ownership.
Corporate records show Crypto News Australia (CNA)became a wholly owned subsidiary of Swyftx after the exchange bought it for $2 million in May 2022. Swyftx founders Alex Harper and Angus Goldman, who started the Brisbane exchange in 2018, took over as the outlet’s sole directors.
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No announcement of the acquisition was made by Swyftx and no article was published on the CNA website denoting the change of ownership for its readers. Two and a half years later, the only indication of its status as a…
