Nandan Nilekani, a co-founder of Infosys, has denied reports that he has launched a crypto project.
Nilekani urged his followers not to click on any posts spreading such info and to report all of them as misleading when they see any.
“You may have encountered a post on various social media platforms claiming that I have launched a crypto project. This is #fakenews! Please avoid clicking on it and report it as misleading/false information on the platform where you see it.”
Before the non-executive chairman rejected the rumors, speculations of Nilekani launching his own cryptocurrency project rapidly spread around social media platforms.
Unverified reports circulated on WhatsApp, Telegram, etc and most of these messages included fake links.
Mr Nilekani stated in December last year at the Reuters Next Conference that crypto assets are worth considering and can be used to enhance financial inclusion. When talks about a blanket ban on cryptocurrency in India was making rounds last year, Nilekani even said that people should be allowed to have crypto as an asset class in the nation.