A fake news website released an article employing the image of New Zealand’s former prime minister to promote an alleged crypto scam.
The ad reportedly promoted Bitcoin (BTC) and a company called “Crypto Revolt,” which is allegedly a cloned scam site. The article further explains that the advertisement imitates a Stuff business news page and “purports to interview John Key on his enthusiasm for Bitcoin.”
Moreover, in place of the Stuff logo there is an “NZ Times” logo, and all the links reportedly lead to Crypto Revolt’s website. The source that encountered the ad suggested that the web address was suspicious and that the company itself could have been hacked.
As Cointelegraph reported in December 2017, Key had then denied rumors circulating that he invested in Bitcoin. The claim that Keys was a Bitcoin investor reportedly originally came from another fake news website, the link to which propagated through social media.
New Zealand’s police also warned of online scams in September after a cryptocurrency investor lost $213,000 due to fraud. In November, New Zealand’s Financial Markets Authority (FMA) also added three cryptocurrency-related websites to its blacklist of online scams, and another three were added to the list in December.
Source: , CoinTelegraph
Articles listed with Cash Tech News as the author are either general information, or may have been imported from another website, to bring our readers a rich media experience that encompasses articles that we find interesting, as well as those curated by others.
The views and opinions expressed here are for informational purposes only, and should not be confused with professional financial advice. These opinions are solely those of the author and do not necessarily reflect the views of CashTechNews.com. Every investment and trade involves risk. You should conduct your own research, and contact your professional financial advisor before making any investment.
Corrections, feedback, and ideas should be submitted through the website contact form.