On November 4th, CoinLink posted a News excerpt entitled “Odyssey Marine Exploration accused of stock market fraud” which was aggregated from CDNN online News [Link to Article]. The story was actually a repost of an original article posted by the Sunday Times of London (UK), under a different headline “Sunken treasure ‘overvalued to lift shares of salvage firm’”.

On Monday November 12th, it was brought to our attention that the original Sunday Times article, and more specifically the derivative copy that CoinLink posted had serious and material misinformation and presented implications that were either unfounded and/or without merit.

As a result CoinLink has removed the article from our site and has apologized to Odyssey Marine Exploration. We also apologise to our readers. This is the first time in 15 years that we have removed any content from CoinLink which has been found to be from a questionable source, and we will redouble our efforts to make sure that it does not happen again.

Scott Purvis - Editor

Below is a copy of correspondence which was sent to the Sunday Times from Odyssey both before and after the article was written. We think that it speaks for itself. (more…)