CoinLedger is banned for 6 months due to astroturfing
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Hello r/CryptoCurrency, For your awareness, we have unfortunately had to ban accounts and discussion of CoinLedger (formerly cryptotax.tax) due to astroturfing. This violates Rule 3 of our subreddit, No Manipulation and we take this very seriously. This information was tracked down and compiled by a few mods and we would like to share some of it with you for transparency and education about online manipulation. You may have noticed that today there was a popular tax thread by stratguy56, who is just positively angry and bewildered about taxes in unspecified country! His confusion is notably contrasted by the fact that his entire history on reddit is talking about taxes and linking to articles on coinledger. His post even asks if coinledger is legit, to which their verified Director responds that they're not only legit but the best! Happily, OP edits into their original post that CoinLedger fixed all their problems. At no point does OP disclose that he is the co-founder of CoinLedger. You would also find razor476 all over that comment section shilling CoinLedger, with no disclosure about the fact that they cofounded it. To dive a little deeper into this behavior, here are some of their other accounts:
If you look through their history, you'll find that general pattern across much of crypto reddit. They'll ask beginner questions about tax, namedrop coinledger, and often answer each other. They pretend to be your average user who knows nothing about taxes and hates taxes (so relatable! where do I download?). I'm sure they really do hate taxes, but a crypto tax company certainly isn't ignorant of how taxes work. This unfortunate and deceptive advertising campaign has led to a ban of their accounts and discussions. Their verification and associated benefits are also revoked. We do not enjoy banning users or discussion, but we will not have our platform manipulated. It is our hope that they will participate fairly here after their ban and not escalate this to a permanent ban. Please keep an eye out for this type of behavior and report it to the mods if you see it. For some previous reports about manipulation, see the links below: submitted by /u/CryptoMaximalist |
