Bitcoin News

Fake news! Scam site promotes Bitcoin with image of former NZ PM

A fake advertisement promoting cryptocurrency has utilised the image of former New Zealand Prime Minister John Key, Stuff reports.

The ad imitates a Stuff business news page and purports to interview Key on his enthusiasm for Bitcoin. Instead of the Stuff logo, the words NZ Times sit at the top of the page and all links lead to a company called Crypto Revolt’s website.

Key’s image was previously used for similar ads on Facebook and Twitter, where he was quoted as saying: “I purchased a mere $1,000 and followed the Bitcoin loophole system, and now seven years later my $1,000 investment is worth $300 million. It’s funny to think how that $1,000 has grown to become my biggest asset.”

Scott Thompson

Scott has been working in technology and business journalism for nearly 20 years, with a focus on FinTech, retail, payments and disruptive technology. He has been Editor of such titles as FStech, Retail Systems and IBS Journal and also contributed to the likes of Retail Technology Innovation Hub, PaymentEye, bobsguide, Essential Retail, Open Banking Hub, TechHQ and Internet of Business.

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