"The National Leadership Authorizes Babbitt to Host the World Blockchain Conference" is a false news

On the evening of October 27th, the news that “the top leaders of the country authorized the first Babbitt to host the Zhejiang World Blockchain Conference” was circulated in the community. Babbitt said in the community that the founder of the original chain, the news is not true, has arranged for legal intervention. However, affected by this news, it was pulled up faster than the original chain and rose more than 170% in 24 hours.