Veteran industrialist and former Tata Group Chairman Ratan Tata on Tuesday stated he has no associations with cryptocurrency of any type.

Strongly refuting studies of his investments in cryptocurrency, in a tweet, Tata stated, ”I request netizens to please keep conscious. I’ve no associations with cryptocurrency of any type.” Sharing a screenshot of an article that acknowledged his ”current funding had consultants in disbelief and main banks involved” for example, he wrote, ”If you see any articles or advertisements mentioning my affiliation with cryptocurrency, they’re completely unfaithful and meant to rip-off residents.” In 2021, Mahindra group Chairman Anand Mahindra additionally denied investing in cryptocurrency, dubbing studies that claimed that he had accomplished in order ”fully fabricated & fraudulent” and asserted he had ”not invested a single rupee in cryptos”.

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