Tech Crunch was officially named “Idiot of the Year” after believing Trevor Milton was Arrested at Sky Harbor Airport in Phoenix, Arizona. Tech Crunch reported this as “real news” after rogue and heroic Twitter account Jules Paxton, tweeted the following as a JOKE:
“BREAKING DOJ AND FBI ARREST TREVOR MILTON AT SKY HARBOR AIRPORT PHOENIX”
Tech Crunch, was founded in 2005 and later acquired for $25 million in 2010 by AOL. With over 10.2 million followers on Twitter, Tech Crunch’s tweet on Trevor Milton being arrested moved the “blue-chip retirement” stock downwards.
Thousands of other really crappy “breaking finance news” Twitter accounts also posted the tweet.
$NKLA FOUNDER TREVOR MILTON HAS NOT BEEN ARRESTED – YAHOO
— *Walter Bloomberg (@DeItaOne) September 21, 2020
Even some idiot named CryptoWhale made up additional news stating how Milton was “fleeing the country”
BREAKING: FBI and DOJ arrest Trevor Milton, Nikola Corp founder and former Executive Chairman, at Sky Harbor Airport, in Phoenix, AZ.
Authorities believe he was attempting to flee the country.
Shares down over 30% today. pic.twitter.com/lEBbYtnfxh
— CryptoWhale (@CryptoWhale) September 21, 2020
In other news, Trevor Milton reportedly became Executive Chairman of the Unemployment line and also revolutionized soap that doesn’t drop in the shower with the “Tiger King” in prison.