Eric Balchunas recently struck the wrong nerves when he made some posts that seemed to condem Ether (ETH) and the Ethereum network at large.

Eric Balchunas, a senior ETF analyst at Bloomberg, found himself at the center of a heated backlash from the Ethereum community after posting what they labeled as “misinformation.” Yesterday, Balchunas shared a passage from the book “Bitcoin: Beginner’s Guide” by Benjamin Hart on X (formerly Twitter).

Bloomberg Intelligence ETF analyst Eric Balchunas faced a backlash on social media after sharing a now-deleted post criticizing Ethereum security, with one prominent voice accusing him of spreading misinformation.

Bloomberg’s senior exchange-traded fund (ETF) analyst Eric Balchunas riled up the online Ethereum community who claimed he posted “misinformation” in a now-deleted X post. On Oct. 7, Balchunas shared an excerpt from Benjamin Hart’s book,