This Article is From Jun 28, 2023

"No Associations With...": Ratan Tata Warns Against Crypto Scams Using His Name

The 85-year-old industrialist took to Twitter to clarify that he has no associations with cryptocurrency of any form.

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India News Edited by

Ratan Tata, Chairman Emeritus of Tata Sons took to Twitter to clarify that he has no associations with cryptocurrency of any form.

He wrote, "I request netizens to please stay aware. I have no associations with cryptocurrency of any form."

The 85-year-old industrialist also said that if you see any articles or ads about his associations with cryptocurrency, they are untrue and meant to scam citizens. He also attached a screenshot of one such scam.

See the post here:

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Commenting on the post, a user wrote, "Definitely sir we know about you a little bit that's why we never trust these types of Ads and Applications."

"Thank you for clarifying your position on cryptocurrency, Mr Tata. It is important for people to be aware of the risks associated with investing in cryptocurrencies, and to be wary of any scams or schemes that may be associated with them. I appreciate you taking the time to warn," another user wrote.

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Earlier, Anand Mahindra also slammed fake news about investing in crypto. He took to Twitter to say, "Ironically, I've not invested a single rupee in cryptos."

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