Venezuela Banking Rumor Tweets: Twitter crime

By Posted 12 Jul 2010, 09:05

There have been two arrests in a crime that involves a Venezuela banking rumor that was spread on the micro-blogging site Twitter, by a number of tweets. Two people have been arrested by the Venezuelan police, as their intention was to destabilize the country’s banking system.

This certainly shows how powerful a thing the whole social media side of the Internet is. There have been things like this spread on the Internet before – but it is the spread at which rumors on sites like Twitter that now make it a much bigger problem.

Daniel Wallis from Reuters Canada picks up on the fact that the Venezuelan banking system is normally a strong one, but these rumors via tweets had an affect on savers fearful of an imminent disaster. Spreading rumors like this is a serious crime, one that has seen two people arrested for doing so.

Popularity of Twitter has seen an explosion in Venezuela, so something like this was bound to happen – it seems that people do not mind tweeting about rumors – even if they know that what they are saying is not true. For more details on the legal side of this issue visit the link above.

You can add us to your circle on Google+, follow us on Twitter, join the photo community on Pinterest, or like our Facebook page to keep updated on all the latest news.