Coin Rivet CEO admits publishing false info about Calvin Ayre

The CEO of crypto blog Coin Rivet has publicly admitted publishing false information regarding Calvin Ayre’s recent trip to Cuba.

On Wednesday, May 8, Coin Rivet editorial director Darren Parkin read a statement in the UK High Court of Justice, Queen’s Bench Division, in which Coin Rivet CEO Sheba Karamat admitted publishing “completely untrue” claims that Ayre had been referred to Interpol, police and child abuse charities over photos and videos Ayre posted to social media featuring several Cuban women.

Karamat admitted that, contrary to information published via Coin Rivet, none of the women in Ayre’s social media posts were ‘pre-teen’ or under the age of consent. Karamat further admitted that Ayre had not been referred for investigation by authorities or child abuse charities and there were no grounds to suspect him of child abuse.

Coin Rivet previously agreed to publicly apologize to Ayre via their website and to pay him £5,000 in damages. As a condition of the settlement, Parkin (pictured) appeared in court to acknowledge the falsity of the site’s claims, to repeat their apology to Ayre and to confirm that they wouldn’t repeat these allegations in future.