David Pan

David Pan is a cryptocurrency entrepreneur from Taiwan who founded ACE Exchange, one of the country's largest crypto exchanges. He was arrested on fraud charges along with 14 other individuals for allegedly orchestrating a scheme to sell worthless cryptocurrencies through deceptive social media advertisements. Pan and his accomplice are accused of luring investors into purchasing valueless tokens, such as MOCT, for three years. The police seized assets worth over $6.4 million from the suspects during raids in Taiwan. ACE Exchange stated that Pan had ceased involvement in daily operations since 2022 and was only involved in the token project side of the business. The exchange is cooperating with the investigation as a witness.

Biography:  https://finance.yahoo.com/news/founder-taiwan-ace-exchange-david-054516449.html

80%

The overall score is a weighted number that takes into account conflict of interest, bias, deception and other practices that undermines the credibility of the source. It is calculated as:
Analysis.OverallConflictOfInterestScore * 0.3F + Analysis.OverallBiasScore * 0.3F + Analysis.DeceptivenessScore * 0.3F + Analysis.ReadabilityScore * 0.1F

A score that takes into consideration the content for flow, interruptions with ads, and overt search engine optimization techniques that makes the content hard to understand

The Daily's Verdict

This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.

Bias

100%

Examples:

  • The article uses sensationalist language like ‘violent move’ to attract readers and create a sense of urgency without providing any context for the reader.

Conflicts of Interest

100%

Examples:

No current examples available.

Contradictions

50%

Examples:

  • The article focuses on short-term options and their impact on Bitcoin's price while ignoring other factors that may affect its value. This is selective reporting.

Deceptions

50%

Examples:

  • The article quotes experts who use technical jargon that can be difficult to understand for readers without prior knowledge of options trading. This makes the article seem more authoritative than necessary.

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Bitcoin Surges to Record High of $60,000 as Demand and Institutional Investment Increase

Bitcoin Surges to Record High of $60,000 as Demand and Institutional Investment Increase

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