The Misuse of Embargoes by Crypto PRs: How it is Harming Reporting in the Industry

The use of embargoes by public relations firms in the crypto industry has been a topic of concern among journalists and industry experts. Originally intended as a tool to help journalists digest complex information before publication, embargoes have now become a power play for PR firms to drum up publicity for their clients.

According to Trista Kelley, Editor in Chief of DL News, embargoes are now being misused to promote all kinds of information, including official announcements, financial data, and product releases. This misuse has led to a decrease in the quality of reporting on the industry, as journalists are pressured to comply with the conditions set by PR firms.

Vince Kiernan, author of Embargoed Science, noted that embargoes were originally based on the idea that journalists would police themselves. However, they have now become a way for companies to control the narrative and prevent reporters from seeking additional sources before publication.

Despite the potential benefits of embargoes, such as providing reporters with time to research and write stories, the misuse of embargoes by PR firms has raised concerns about the independence of journalism. Journalists are at risk of becoming mere stenographers for companies, rather than objective reporters seeking the truth.

As the use of embargoes continues to increase, it is important for journalists to stand up against this practice and prioritize the integrity of their reporting. By rejecting embargoes that restrict their independence, journalists can ensure that they are serving the public interest rather than the interests of PR firms.

What are your thoughts on the use of embargoes by PR firms in the crypto industry? Share your opinions with us at robert@dlnews.com.