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Monday, July 13, 2020
Promoters Of Scammy Cybercurrency WND Gave Away To Donors Arrested
Topic: WorldNetDaily

Remember when WorldNetDaily editor Joseph Farah spent several months in 2018 trying to entice people into donating money to WND by throwing in some scammy-sounding ersatz bitcoin-style cybercurrency in which convicted felon (and WND author) Jack Abramoff was involved? Well, it has certainly lived up to its scamminess.

Last month, Marcus Andrade, founder of the NAC Foundation -- which issued the AML Bitcoin cybercurrency that WND gave away to donors -- was indicted on charges of fraud and money laundering, accused of raising money from investors by claiming the funds would be converted into AML Bitcointhat went elsewhere, as well as of falsely stating the extent of his relationships with governmental officials in Panama and California. Abramoff was indicted as well on similar charges.

The indictments had the fallout of costing Peter Ferrara -- a conservative writer with ties to the right-wing Heartland Institute -- his job as an instructor at King's College in New York City when it was revealed that Ferrara published an article in the similarly right-wing Investor's Business Daily touting AML Bitcoin while not disclosing that Abramoff had arranged compensation for him in apparent exchange for the mention.

The feds have also accused Abramoff of arranging payment to other conservative writers who advanced a narrative that NBC had refused to run a SuperBowl ad promoting the nascent cybercurrency -- a claim that was easily proven to be fake.

You will not be surprised to learn that WND hasn't told its readers about any of this, despite managing editor David Kupelian's laughable insistence that WND publishes the "truth." The last mention of the cryptocurrently at WND is an October 2018 column by Farah trying to sucker more donors: "It's possible that your contribution to WND will in the future pay for itself and then some. In fact, I'm counting on it!"

As of this writing, an AML Bitcoin is valued at 17 cents. So much for Farah's prediction.

Posted by Terry K. at 12:28 AM EDT

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