A new cryptocurrency fad is in the latest cryptocurrency news. It seems like scammers have started using mainstream news articles (fake news) to advertise a non-existent and potentially dangerous fake Bitcoin investment platform.
Named “Bitcoin Profit,” the fad features fake celebrity interviews. The website is obviously designed to lure would-be clients and uses celebrity endorsements as part of its scam marketing strategy.
The website named economicsworld [dot] com features testimony from the likes of actresses such as Kate Winslet as well as the Australian businessman Andrew Forest, known as Twiggy. The alleged backing from Richard Branson, Elon Musk and Bill Gates gives further “credibility” to the fake Bitcoin investment platform – now becoming one of the common scams emerging from the cryptocurrency underworld.
As featured on many best cryptocurrency news sites that warn people not to visit or trade with it, Bitcoin Profit uses photographs of celebrities and text that they have “invested in” the scam platform. There is also a balance sheet of alleged investments in Bitcoin and associated returns.
The fake Bitcoin investment platform comes at times when the Bitcoin and altcoin news show ups and downs. In times when the market is vulnerable, buyers are always looking for get-rich-quick schemes. What’s interesting is the fact that Bitcoin Profit promises a 4,110% return on their investment (ROI) – claiming that in one week alone, buying $10,394 worth of BTC netted a return of $421,226.
Kate Winslet somehow heard about this fake Bitcoin investment platform and was quoted in the news outlet the Mirror that informed her with more details about the scam. Winslet hit back, complaining about the use of her image without permission along with the fake statements.
“This misleading promotion is completely disingenuous and categorically false. We are dealing with this through the appropriate channels,” the publication quoted a spokesperson as saying.
Bitcoin Profit remains one of the fake Bitcoin investment platforms that is reminiscent of the ongoing scam operations which plague the cryptocurrency accounts on Twitter. It seems like there are more and more fake entities impersonating well-known figures from the industry, attempting to fool novices into participating in fake giveaways.
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