Martin Shkreli, known as Pharma Bro, accused quantum computing firm IonQ of falsifying its technological capabilities on social media platform X. Shkreli alleges the company lied to cryptocurrency investors regarding its Bitcoin mining potential.
The dispute follows a post by investor Mike Alfred detailing a claim that a quantum firm could mine all remaining Bitcoin within 48 hours. Shkreli identified IonQ as the entity behind that specific claim.
Experts consider the feat of mining all remaining Bitcoin with current quantum technology to be technologically unfeasible. Shkreli previously labeled IonQ stock as one of the best shorts of his career. These accusations introduce headline risk that may impact IonQ share prices.