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‘Absolutely untrue’: Ratan Tata on his association with cryptocurrency

Ratan Tata called out a report for being fake and also shared a message on his social media handles.

Published on: Jun 27, 2023, 18:45:14 IST
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Ratan Tata took to Instagram to bust a report falsely claiming about his association with cryptocurrency. He shared two screenshots in his Instagram story to explain about the false report and added how it is “absolutely untrue”.

Ratan Tata shared this screenshot on Instagram dismissing a false claim about his association with cryptocurrency. (Instagram/@ratantata)
Ratan Tata shared this screenshot on Instagram dismissing a false claim about his association with cryptocurrency. (Instagram/@ratantata)

What did Ratan Tata share?

“This is an extremely important announcement. If you see any articles or ads mentioning my association with cryptocurrency, they are absolutely untrue and meant to scam citizens. An example is below,” he wrote in one of the images. Alongside, he also shared a screenshot of a report titled, “ANALYSIS: Ratan Tata's Recent Investment has Experts in Disbelief and Major Banks Concerned.” In the following slide, he added the same screenshot of the fraudulent report and wrote “Fake”.

Take a look at the Instagram story shared by Ratan Tata:

Ratan Tata took to Instagram and Twitter to share this screenshot. (Instagram/@ratantata)
Ratan Tata took to Instagram and Twitter to share this screenshot. (Instagram/@ratantata)
Ratan Tata dismissed this claim about his association with cryptocurrency. (Instagram/@ratantata)
Ratan Tata dismissed this claim about his association with cryptocurrency. (Instagram/@ratantata)

Ratan Tata also shared the same screenshot on Twitter. Alongside he wrote, “I request netizens to please stay aware. I have no associations with cryptocurrency of any form.”

Since being posted a little over an hour ago, his tweet received close to 1.7 lakh views and the numbers are quickly increasing. Additionally, the tweet has gathered close to 4,800 likes.

How did Twitter users react to Ratan Tata’s post:

“Thank you for your confirmation. I thought it was real,” posted a Twitter user. “Sad to see this. Scams all around,” joined another. “My hero,” added a third. “Thank you so much sir for making us aware,” wrote a fourth.

  • Trisha Sengupta
    ABOUT THE AUTHOR
    Trisha Sengupta

    Trisha Sengupta is a Chief Content Producer at Hindustan Times with over six years of digital newsroom experience. Specialising in high-engagement storytelling, she blends viral trends with traditional journalism to cover the intersection of technology, finance, and human emotion. Her reporting spans real estate and personal finance struggles in hubs like Bengaluru and Gurgaon, the NRI experience, and corporate shifts like tech layoffs. Trisha also frequently tracks global figures and writes human interest stories. Offline, Trisha is an avid reader, history enthusiast and solo traveler. She balances her journalism career with family life while actively integrating AI tools into her modern storytelling approach.Read More