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Academy investigated for spending £2 milion on Bitcoin

Discussion in 'Education news' started by dr_dig, Apr 1, 2018.

  1. dr_dig

    dr_dig New commenter

    An Academy has used it's funding to buy Bitcoin. In an investigation prompted by irregularities following financial close down in march. It was reported that up to £2 million had been spent on the crypto currency possibly on the advice of a governor.
    This has halved in value since November leading to late pay for teaching staff, delays paying suppliers. The Principal has been suspended and was unavailable for comment.
  2. harsh-but-fair

    harsh-but-fair Star commenter

    Don't click on the link on a school computer. You have been warned.
    SomethingWicked likes this.
  3. blazer

    blazer Star commenter

    I don't like the look of the link but cannot find any reference on google.
    minka1 likes this.
  4. SomethingWicked

    SomethingWicked Occasional commenter

    I'd say any computer, looks pretty suspect. Who's gonna blink first and give it a go?
  5. sparkleghirl

    sparkleghirl Star commenter

    I took the story to be an april fool but heeded the warning about not clicking on the link.
  6. tonymars

    tonymars Established commenter

    Poisson d'avril?
  7. harsh-but-fair

    harsh-but-fair Star commenter

    Ha! Gotya!
    sparkleghirl likes this.
  8. sparkleghirl

    sparkleghirl Star commenter

    I don't believe it..... :/
    harsh-but-fair likes this.
  9. minka1

    minka1 Occasional commenter

    If worried about link just do your own Google search for the story and if a reputable website like BBC news covers the story then follow the story that way.
  10. hs9981

    hs9981 Established commenter

    It was an April fools.
  11. pair_of_argyles

    pair_of_argyles Occasional commenter

    That's as maybe , but it has given me (and I'm sure others) an idea of what to do with all of those school computers which lie idle over the holidays.

    Not let me see...

    "Alexa , how do I set up a bitcoin mine on a computer network ?"
    SomethingWicked likes this.

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